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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Don Pueblo who wrote (3833)9/12/1999 5:57:00 PM
From: Threei  Read Replies (1) of 18137
 
Rule #1: Let the stock tell you what it wants to do. Let the stock movement fit your strategy, don't try to make your strategy fit the stock.

This one single rule (and I'm pretty proud of it) has been the difference for me personally.


Absolutely! Being asked where I am looking to enter/exit particular stock I respond on regular basis: "Stock will tell".

And the second rule that made a world of difference for me: Trade what you see, not what you think. Don't predict - react.Have your expectations but don't become a slave of them. (hmmm, was it one rule or several of them? :))

Vadym
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