Take Advice From Anybody. Execute Yourself

I have spent a lot of time in the stock trading community. If there is one thing I have learned, is that lot of people think their trading method is the right and only way to trade stocks. At the end of the day though, as long as your method is making profitable trades that is all that really matters.

Overcoming stock prejudice is is sometimes are hard thing to do, but just because somebody else is recommending something does not mean you have to follow it. To each its own, and it is up to you to see if that particular stock is right for you.

I think it is safe to say there is no shortage of stock recommendations or advice. With StockTwits, you can get something every second of the day.

That being said, anytime somebody recommends a stock or advises you to do something always run it through your own analysis. If it does not work for you, fine. You never know what the other person’s risk threshold is, how long do they plan to hold the stock, or what kind of return they are looking for.

So the next time somebody recommends a stock and you hate their methodology, don’t instantly criticize them. Run it through your own method, and if you don’t like it then move on…