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TopHat213 1 point ago +1 / -0

It is very hit and miss. Once you understand the psychology then you fall into less traps than the average person. That said, the rules change all the time so any plan or pattern you can sniff out will work until it doesn't.

That said, it is always gratifying to put some money into something and take it at when it rises 20 percent, while it does not sound significant, 20% of 5 or 6 figures can mean something. At the same time, a poor choice leads your money to getting tied up, forcing you to leave it there and hope for the best or pull out at a loss to deal with other matters.