Saturday, August 16, 2008

First rule of Stock Club...

1. Don't speak when those more knowledgeable than you are speaking.
2. Don't speak when those more knowledgeable than you are speaking.
3. Always have a plan.
4. Use technicals to develop your plan.
5. Cut loses before they cut you.
6. Take profits when resistance to future profits grows.
7. The market does not breath. It does not love. It does not hate.
8. Discipline comes first.
9. Do not fear. Do not idealize. Aim to see clearly.
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