Scg8866t is not sure whether he should put what he knows into action.

I realized that although knowledge is crucial, it has to ultimately be followed through by action. Knowledge doesn't necessary leads to action, so if one is confident with his/her knowledge, one has to be discipline enough to act on what they know. Every buy/sell, stop loss/profit take, are embedded with emotional bias, one has to have enough will to overcome it. The market operates on common sense. I believe the best approaches to it should be simplistic and clear. One does not need a multitude of complex indicators and trend lines to analyze market behavior. A simplistic analysis to me is a better analysis. Self discretion is also very important. Failure is often resulted from the persistent temptation to call every possible market turn, along with the duration of every move a security is likely to make. ......