Strovek Writes

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Tuesday, November 16, 2010

Article on Trading and Investment

This is a snippet from the following url which I thought may be useful for those dealing with Stock Market.  The summary of the article is as follow:

Trading

  1. Do not wait for a reason for price movement.
  2. Do not trade when conditions are not favorable.
  3. Do not blame the market.
  4. Learn from losses.
  5. Find the path of least resistance
  6. Lose small and win big
  7. Be patient and sit tight through the bull run.
  8. Do not try to pick market top and bottom
  9. Average up not down.
  10. Do not have a position too large for your psychology
  11. Reverse your instincts.
  12. You cannot beat the market.
  13. Do not focus on how much money you are going to make.
  14. Do not listen to others.
  15. Do not trade the market to clear your debts.
  16. Know yourself
  17. Booms and bust will always happen because human nature does not change
  18. Sell after a reaction
  19. Do not follow or give tips
  20. Learn how to diagnose the market
Manipulation
  1. Find an appropriate time to unload a large position.
  2. Make a stock active during the bull run.
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