Contradictory strategies

For almost any strategy that's been proposed as a good one with shares, there's also a contradictory one.  And the interesting thing is that a strategy may work in certain circumstances whereas in different circumstances the contradictory strategy may work just as well.  There are several important conclusions from this:

• There's no one strategy with shares that works in all circumstances.
• The most important factor is to decide on a strategy and stick to it.  Chopping and changing at the spur of the moment and not sticking to your strategy is the cause of most problems in share investing.

Tip

When you've decided on a strategy, stick to it. Give it a fair trial, and change only if the fair trial convinces you that your strategy needs to be adjusted (or abandoned).