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