The Market Taught Me That...... Message Board

STOCKTALK

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 : The Market Taught Me That......

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cynic 2005 who wrote (5)	11/4/1997 2:32:00 PM
From: Richard Estes	Read Replies (2) of 151

1. the only good stock is one moving in a direction on your side of the trade. (Price movement is king) 2. Learn to take losses. (stocks don't always return to your buy point) 3. Don't pay attention to externals (Brokers, analysts, TV, Newspapers aren't your friend) 4. Don't average down. (don't make a bad trade worse) 5. Funnymentals are icing on the cake, not the determinant. (don't try to build a story, let price tell you) 5. Bad TA is better than no TA. 6. The market is an auction. (you look for bigger fools to sell to) 7. Canslim is only logical means of choosing stocks to apply TA for entry/exit. (having said that, funnymentals don't mean anything if price doesn't move. 8. Don't let a winner turn into a looser.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next