SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 50% Gains Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dale Baker who wrote (28877)1/11/2002 3:14:37 PM
From: Sultan of 118717
 
TRADING RULES FROM STOCK MARKET WIZARDS – STUART WALTON

1. BE PATIENT – WAIT FOR THE OPPORTUNITY.

2. TRADE ON YOUR OWN IDEAS AND STYLE.

3. NEVER TRADE IMPULSIVELY, ESPECIALLY ON OTHER PEOPLE’S ADVICE.

4. DON’T RISK TOO MUCH ON ONE EVENT OR COMPANY.

5. STAY FOCUSED, ESPECIALLY WHEN THE MARKETS ARE MOVING.

6. ANTICIPATE, DON’T REACT.

7. LISTEN TO THE MARKET, NOT OUTSIDE OPINIONS.

8. THINK TRADES THROUGH, INCLUDING PROFIT/LOSS EXIT POINTS, BEFORE YOU PUT THEM ON.

9. IF YOU ARE UNSURE ABOUT A POSITION, JUST GET OUT.

10. FORCE YOURSELF TO TRADE AGAINST THE CONSENSUS.

11. TRADE PATTERN RECOGNITION.

12. LOOK PAST TOMORROW; DEVELOP A SIX-MONTH AND ONE YEAR OUTLOOK.

13. PRICE MOVES BEFORE FUNDAMENTALS.

14. IT IS A WARNING FLAG IF THE MARKET IS NOT RESPONDING TO DATA CORRECTLY.

15. BE TOTALLY FLEXIBLE; BE ABLE TO ADMIT WHEN YOU ARE WRONG.

16. YOU WILL BE WRONG OFTEN; RECOGNIZE WINNERS AND LOSERS FAST.

17. START EACH DAY FROM LAST NIGHT’S CLOSE, NOT YOUR ORIGINAL COST.

18. ADDING TO LOSERS IS EASY BUT USUALLY WRONG.

19. FORCE YOURSELF TO BUY ON EXTREME WEAKNESS AND SELL ON EXTREME STRENGTH.

20. GET RID OF ALL DISTRACTIONS.

21. REMAIN CONFIDENT – THE OPPORTUNITIES NEVER STOP.

(c) Stock Market Wizards: Interviews with America's Top Stock Traders by Jack D. Schwager
amazon.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News