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Be aware from RUMOR

Tuesday, September 8, 2009 | Labels: , | |

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Rumour is always spread with wind speed in society. Rumour has very big place in market. On single rumour in stock market, money changes hands.

Rumours make money in market. But this rumours is beneficial to big fisherman of market, remaining are become fish for them. Rumours create havoc in market. It create panic in mind of trader and investor.

Some time rumor is right news but not always. Some rumour are cause to huge buying and some make panic to create sell pressure in stock market. Every trader must consider the risk of rumour. Rumour spreading is illegal by law, but no one knows source of rumour's.

Some time rumour will give you awesome money if your are experienced trader. This is not always. Most of time rumour hurt your money.

So to avoid rumour trap one must have proper knowledge of behaviour of market and it's big player. Most of thinker says,


"An investment in knowledge always pays the best interest."
    Benjamin Franklin

So better to understand to rumor, avoid quick reaction on rumor. Avoid to take position on rumor.

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