3SOF

Out of the Market => The Lounge => Topic started by: akclide on June 01, 2007, 02:10:28 PM

Title: Just a thought
Post by: akclide on June 01, 2007, 02:10:28 PM
These days there is a lot of uncertainity in the stock boards.i would like to share somethings that I have learned over the years and have finally put to work.
1) Never get married to a stock,
2) remember why you are in the market( to make money).No emotional attachments,no looking back ( like oh I wished i should have bought this or should have held on to it).Certainly no , see I told you so.
3) Do not try to make a home run,like the old saying goes " slow and steady wins the race".
4) do not try to catch a falling knife .Wait for the stock to show positive trend and confirm that trend by watching it a day or 2.And if the stock gets away from you, just remember there is more where that came from.
5) Things change, accept change. change may work in your favour.
This is just my thought.