Author Topic: Trading Rules by Stuart Walton (Stock Market Wizards)  (Read 421 times)

0 Members and 1 Guest are viewing this topic.

GreenMoney

  • Living a green body in an ungreen world
  • Sr. Member
  • ****
  • Posts: 465
  • Karma: +0/-0
    • View Profile
Trading Rules by Stuart Walton (Stock Market Wizards)
« on: May 27, 2012, 12:58:38 AM »
Trading Rules by Stuart Walton (Stock Market Wizards)

> Be patient—wait for the opportunity.

> Trade on your own ideas and style.

> Never trade impulsively, especially on other people's advice

> Don't risk too much on one event or company.

> Stay focused, especially when the markets are moving.

> Anticipate, don't react.

> Listen to the market, not outside opinions.

> Think trades through, including profit/loss exit points, before you put them on.

> If you are unsure about a position, just get out.

> Force yourself to trade against the consensus.

> Trade pattern recognition.

> Look past tomorrow; develop a six-month and one-year outlook.

> Prices move before fundamentals.

> It is a warning flag if the market is not responding to data correctly.

> Be totally flexible; be able to admit when you are wrong.

> You will be wrong often; recognize winners and losers fast.

> Start each day from last night's close, not your original cost.

> Adding to losers is easy but usually wrong.

> Force yourself to buy on extreme weakness and sell on extreme strength.

> Get rid of all distractions.

> Remain confident — the opportunities never stop.

PesoRepublic.com | Your smart guide to money matters and entrepreneurship.

Trading Rules by Stuart Walton (Stock Market Wizards)
« on: May 27, 2012, 12:58:38 AM »

Mountain View

 

Related Topics

  Subject / Started by Replies Views Last post
2
663
Last post April 23, 2014, 09:51:54 AM
by NeoGemini
0
381
Last post May 27, 2012, 12:34:06 AM
by GreenMoney
0
1053
Last post February 11, 2013, 10:01:42 AM
by GreenMoney
0
503
Last post March 02, 2013, 02:48:50 PM
by AdGeek
0
495
Last post March 27, 2013, 04:37:49 PM
by IntraLover

Posting Disclaimer: Any individual may post a message in this forum and may do so anonymously. Therefore, the sole author is exclusively and entirely responsible for all opinions in that message. They do not represent the official opinions of PesoRepublic , its administrators or moderators or the PesoRepublic Management. PesoRepublic is merely acting as an impartial conduit for constitutionally protected free speech and is not responsible and will not be held liable for the content of such messages. Community & Groups - Top Blogs Philippines