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Rentrak Corporation Message Board

  • bob40k bob40k Mar 26, 1998 8:57 AM Flag

    10 Trading Axioms;

    10 Trading Axioms;

    1. Never be the first to buy or the last to sell.
    2. Sell the history, buy the mystery.
    3.You'll never go broke taking a profit, even just 10%.
    4. Don't fight the tape.
    5. The market is always RIGHT.
    6. Never, EVER let a gain turn into a loss.
    7. If you're making money , don't worry, pay the tax.
    8. Whenever possible, take a market order. Don't be an Eighter-Wannbe trader/investor.
    9. Rumors are just that.
    10. Have a plan. Any moron can buy a stock, but not too many know when or why to sell.

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