Burned in the stock market hey. Taking a class or many classes won't prevent the next burn. As long as you placed a bet down, chances are you'll be burned at the end. That is just the nature of the game. As soon as you think you've it figured out, the table turns again. The more you think you know, the bigger the bet.
By now, you should have taken a class or classes on investments. You would have learned about low PE and value investing right. Everything you do according to book won't get too far in the bottom line. When the markets go up, most of any analysis works. When the markets tank, nothing works. The worst thing you can do is to listen to advice from TV programs and commentators. The Daily Show explains it quite well. Have a watch:
Pt 1:
Jim Cramer Pt. 1 | The Daily Show | Comedy Central
Pt 2:
Jim Cramer Pt. 1 | The Daily Show | Comedy Central
Pt 3:
Jim Cramer Pt. 3 | The Daily Show | Comedy Central
Alright, enough bashing on methodology. After you learn the stuff, use techical to set buy and sell points. A sell stop to limit loss is a must. That's thw way to ensure not losing your shirt and stay in the game!
