1. The first and most important rule is – in bull markets, one is supposed to be long. This
may sound obvious, but how many of us have sold the first rally in every bull market,
saying that the market has moved too far, too fast. I have before, and I suspect I’ll do it
again at some point in the future. Thus, we’ve not enjoyed the profits that should have
accrued to us for our initial bullish outlook, but have actually lost money while being
short. In a bull market, one can only be long or on the sidelines. Remember, not
having a position is a position.

2. Buy that which is showing strength – sell that which is showing weakness. The public
continues to buy when prices have fallen. The professional buys because prices have
rallied. This difference may not sound logical, but buying strength works. The rule of
survival is not to “buy low, sell high”, but to “buy higher and sell higher”. Furthermore,
when comparing various stocks within a group, buy only the strongest and sell the

3. When putting on a trade, enter it as if it has the potential to be the biggest trade of
the year. Don’t enter a trade until it has been well thought out, a campaign has been
devised for adding to the trade, and contingency plans set for exiting the trade.

4. On minor corrections against the major trend, add to trades. In bull markets, add to
the trade on minor corrections back into support levels. In bear markets, add on
corrections into resistance. Use the 33-50% corrections level of the previous
movement or the proper moving average as a first point in which to add.

5. Be patient. If a trade is missed, wait for a correction to occur before putting the trade

6. Be patient. Once a trade is put on, allow it time to develop and give it time to create
the profits you expected.


7. Be patient. The old adage that “you never go broke taking a profit” is maybe the most
worthless piece of advice ever given. Taking small profits is the surest way to ultimate
loss I can think of, for small profits are never allowed to develop into enormous
profits. The real money in trading is made from the one, two or three large trades that
develop each year. You must develop the ability to patiently stay with winning trades

to allow them to develop into that sort of trade.

8. Be patient. Once a trade is put on, give it time to work; give it time to insulate itself
from random noise; give it time for others to see the merit of what you saw earlier
than they.

9. Be impatient. As always, small loses and quick losses are the best losses. It is not the
loss of money that is important. Rather, it is the mental capital that is used up when
you sit with a losing trade that is important.

10. Never, ever under any condition, add to a losing trade, or “average” into a position. If
you are buying, then each new buy price must be higher than the previous buy price.
If you are selling, then each new selling price must be lower. This rule is to be
adhered to without question.

11. Do more of what is working for you, and less of what’s not. Each day, look at the
various positions you are holding, and try to add to the trade that has the most profit
while subtracting from that trade that is either unprofitable or is showing the smallest
profit. This is the basis of the old adage, “let your profits run.”

12. When sharp losses in equity are experienced, take time off. Close all trades and stop
trading for several days. The mind can play games with itself following sharp, quick
losses. The urge “to get the money back” is extreme, and should not be given in to.

13. When adding to a trade, add only 1/4 to 1/2 as much as currently held. That is, if you
are holding 400 shares of a stock, at the next point at which to add, add no more than
100 or 200 shares. That moves the average price of your holdings less than half of the
distance moved, thus allowing you to sit through 50% corrections without touching
your average price.

14. Think like a guerrilla warrior. We wish to fight on the side of the market that is
winning, not wasting our time and capital on futile efforts to gain fame by buying the
lows or selling the highs of some market movement. Our duty is to earn profits by
fighting alongside the winning forces. If neither side is winning, then we don’t need to
fight at all.

15. Markets form their tops in violence; markets form their lows in quiet conditions.

16. The final 10% of the time of a bull run will usually encompass 50% or more of the
price movement. Thus, the first 50% of the price movement will take 90% of the time
and will require the most backing and filling and will be far more difficult to trade than
the last 50%.


  1. Hi there! I could have sworn I’ve been to this website
    before but after browsing through some of the post I realized it’s new to me.
    Nonetheless, I’m definitely glad I found it and I’ll be bookmarking and checking back often! asmr 0mniartist

  2. Wonderful site you have here but I was wanting to know if you knew of any message boards that cover the same topics talked about in this article?
    I’d really like to be a part of community where I can get advice from other
    experienced individuals that share the same interest.
    If you have any recommendations, please let me know.
    Thanks! asmr 0mniartist

  3. I have been exploring for a little bit for any high-quality articles or weblog posts on this
    kind of area . Exploring in Yahoo I eventually stumbled upon this site.
    Reading this information So i’m glad to show that I have a very good uncanny feeling
    I came upon exactly what I needed. I so much undoubtedly will make certain to don?t put out of your mind this website and give it
    a glance on a continuing basis. asmr 0mniartist

  4. Hello there, I found your website by means of Google at the same time as looking for a similar matter, your site came up, it looks
    great. I have bookmarked it in my google bookmarks.
    Hi there, simply was aware of your weblog via Google, and found that it’s truly informative.
    I am gonna watch out for brussels. I will appreciate if you happen to proceed this in future.
    Many people shall be benefited out of your writing. Cheers!
    0mniartist asmr

  5. When someone writes an piece of writing he/she keeps the thought of a user
    in his/her mind that how a user can be aware of it. Thus that’s why this piece of writing is amazing.

  6. Magnificent beat ! I would like to apprentice whilst you amend your website, how could
    i subscribe for a weblog site? The account helped me a applicable deal.
    I had been a little bit familiar of this your broadcast
    provided vivid clear concept

  7. Howdy outstanding blog! Does running a blog
    like this require a large amount of work? I’ve no expertise in programming however I was hoping to start my own blog soon. Anyway, should you have any recommendations or tips for
    new blog owners please share. I understand this is off subject but I simply needed to
    ask. Cheers!

  8. Today, I went to the beach front with my children. I found a sea shell and gave it to my
    4 year old daughter and said “You can hear the ocean if you put this to your ear.” She placed the
    shell to her ear and screamed. There was a hermit crab inside and it pinched her ear.

    She never wants to go back! LoL I know this is entirely off topic but I had to tell someone!

  9. Very good blog! Do you have any suggestions for aspiring writers?

    I’m planning to start my own blog soon but I’m a little lost on everything.

    Would you advise starting with a free platform like WordPress
    or go for a paid option? There are so many options
    out there that I’m totally overwhelmed .. Any tips?
    Many thanks!

  10. Hi everyone, it’s my first pay a visit at this website, and paragraph is truly fruitful designed for me,
    keep up posting these types of posts.

  11. Attractive section of content. I just stumbled upon your web site and in accession capital to assert that I acquire
    actually enjoyed account your blog posts. Any way I’ll be subscribing
    to your feeds and even I achievement you access consistently quickly.

  12. I was suggested this web site by means of my cousin. I’m not certain whether this post is written by way of him as no one else understand such distinctive about my trouble.
    You are wonderful! Thank you!

  13. Great post. I was checking continuously this blog and I’m impressed!

    Very useful information specifically the last part 🙂 I care for such info a lot.
    I was looking for this particular information for a very long time.
    Thank you and best of luck.

  14. scoliosis
    I am not positive where you’re getting your information,
    but great topic. I must spend some time learning much more or understanding more.

    Thank you for fantastic info I was on the lookout for this info for my mission. scoliosis

  15. scoliosis
    Thanks , I’ve recently been searching for info approximately
    this subject for a while and yours is the greatest I’ve discovered till now.
    But, what about the conclusion? Are you sure about the source?

  16. scoliosis
    My spouse and I absolutely love your blog and find the majority of your post’s to
    be just what I’m looking for. Does one offer guest writers to write content available for you?

    I wouldn’t mind producing a post or elaborating on a number of the
    subjects you write regarding here. Again, awesome web
    site! scoliosis

  17. Excellent blog here! Additionally your web site rather a
    lot up fast! What host are you the usage of? Can I get your affiliate hyperlink
    for your host? I want my website loaded up as fast as yours lol

  18. I’m amazed, I must say. Seldom do I come across a blog that’s equally educative and amusing, and let me tell you,
    you’ve hit the nail on the head. The problem is something which not enough men and women are speaking intelligently about.

    Now i’m very happy I stumbled across this in my hunt for something regarding this.

  19. I feel that is one of the most vital info for me.
    And i’m happy reading your article. However wanna statement on some common things, The site taste is wonderful, the
    articles is actually nice : D. Excellent process, cheers

  20. I was more than happy to find this site. I want to to thank you for your time just for this
    fantastic read!! I definitely liked every part of it and i also
    have you saved as a favorite to see new information on your web site.

  21. 124950 845533Id ought to verify with you here. Which isnt something I often do! I enjoy studying a publish that can make folks believe. Also, thanks for permitting me to remark! 836989

  22. Pingback: edegra dapoxetine
  23. 985686 839181Spot lets start function on this write-up, I truly feel this fabulous internet site needs an excellent deal more consideration. Ill apt to be again to learn far more, appreciate your that info. 277636

  24. Today, I went to the beach with my kids. I found a sea shell and gave it to my 4 year old daughter and said
    “You can hear the ocean if you put this to your ear.” She put the shell
    to her ear and screamed. There was a hermit crab inside and
    it pinched her ear. She never wants to go back!
    LoL I know this is entirely off topic but I had to tell someone!

  25. Definitely believe that that you said. Your favorite justification appeared to
    be on the web the simplest thing to be mindful of.
    I say to you, I certainly get annoyed even as folks think about
    worries that they plainly do not realize about. You managed to hit the nail upon the highest as well as outlined out the entire thing with no need side-effects ,
    other people can take a signal. Will likely be back to
    get more. Thanks

  26. Wonderful blog! I found it while surfing around on Yahoo News.
    Do you have any suggestions on how to get listed in Yahoo News?
    I’ve been trying for a while but I never seem to get there!


  27. It’s perfect time to make some plans for the future and
    it is time to be happy. I have read this post and if I
    could I desire to suggest you some interesting
    things or suggestions. Maybe you could write next articles referring to this article.
    I desire to read more things about it!

  28. That is very interesting, You’re a very professional blogger.

    I’ve joined your feed and stay up for looking for more of your wonderful post.
    Additionally, I’ve shared your site in my social networks

  29. Does your site have a contact page? I’m having a tough time locating it but, I’d like to shoot you an email.

    I’ve got some suggestions for your blog you might be interested in hearing.
    Either way, great website and I look forward to seeing it improve over time.

  30. Pingback: how priligy works

Leave a Reply

Your email address will not be published. Required fields are marked *