Originally Posted by ouronis
I think attempting to put any system in place that can't handle a random throw of the dice as far as what stocks you pick and when you pick them is folly. I've seen enough people trying to hold sand with strike-it-rich strategies that it seems ridiculous to try to do otherwise, essentially like playing the lottery. Lazy, safe strategies like diversification/mutual funds, money management, and buy and hold are usually the best ones for your peace of mind and eventual success.. The more lazy, safe strategies in tandem, the better. If it can't fit in with another strategy it's probably bad.