Archive for October, 2008

  • Cut your losses short, no questions asked
    Posted by on October 30th, 2008 at 9:39 pm, Comments: 0

    The majority of unskilled investors stubbornly hold onto their losses when the losses are small and reasonable. They could get out cheaply, but being emotionally [...]

  • Being prepared
    Posted by on October 30th, 2008 at 9:38 pm, Comments: 0

    Make a list of everything that can go wrong and determine how you will respond to that situation. That will be the key to your [...]

  • Trend following
    Posted by on October 29th, 2008 at 2:15 pm, Comments: 0

    “The crowd may be stupid, but they are stronger than you. Crowds have the power to create trends. Never buck a trend. If a trend [...]

  • Money management
    Posted by on October 27th, 2008 at 3:43 pm, Comments: 0

    A formula for success in life and finance: never hold an investment that you would not be willing to purchase afresh today.” Dr. Brett Steenbarger

  • Timing
    Posted by on October 25th, 2008 at 6:43 pm, Comments: 0

    Good Trades Seldom go too far against us.” Van Tharp

  • Trends
    Posted by on October 25th, 2008 at 6:38 pm, Comments: 0

    “Remember that stocks are never too high for you to begin buying or too low to begin selling. But after the initial transaction, don’t make [...]

  • Dr. Steenbarger on 5 Trading behaviors for making money in the current environment
    Posted by on October 25th, 2008 at 12:15 am, Comments: 0

    1) Patience – The ones who are afraid of missing moves, who chase moves as a result, are getting hurt. The ones who wait for [...]

  • Patience
    Posted by on October 23rd, 2008 at 5:40 am, Comments: 0

    Don’t take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion [...]

  • Using what you know
    Posted by on October 23rd, 2008 at 5:39 am, Comments: 0

    “Good trading is 10% technology and 90% psychology. People defeat themselves. It doesn’t matter how often you repeat basic trading principles when almost no one [...]

  • Mark Boucher on using RS
    Posted by on October 22nd, 2008 at 2:50 pm, Comments: 0

    One of the most important lessons that a successful stock investor needs to learn is that there are times when the market presents plentiful low-risk [...]