1. Watch the market leaders, the stocks that have led the charge upward in a bull
2. They say you never go broke taking profits. No, you don’t. But neither do you grow
rich taking a four-point profit in a bull market.
3. Successful trading is always an emotional battle for the speculator, not an intelligent
4. Remember that stocks are never too high for you to begin buying or too low to begin
5. Losing money is the least of my troubles. A loss never troubles me after I take it. I
forget it overnight. But being wrong – not taking the loss – that is what does the
damage to the pocket book and to the soul.


6. When I’m bearish and I sell a stock, each sale must be at a lower level than the
previous sale. When I am buying, the reverse is true. I must buy on a rising scale. I
don’t buy long stocks on a scale down, I buy on a scale up.
7. The game of speculation is the most uniformly fascinating game in the world. But it is
not a game for the stupid, the mentally lazy, the person of inferior emotional balance,
or the get rich-quick adventurer. They will die poor.
8. Successful traders always follow the line of least resistance. Follow the trend. The
trend is your friend.
9. Don’t worry about catching tops or bottoms, that’s fools play. Keep the number of
stocks you own to a controllable number. It’s hard to herd cats, and it’s hard to track a
lot of securities.
10. I believe that having the discipline to follow your rules is essential. Without specific,
clear, and tested rules, speculators do not have any real chance of success.
11. I absolutely believe that price movement patterns are being repeated. They are
recurring patterns that appear over and over, with slight variations. This is because
markets are driven by humans — and human nature never changes.
12. Markets are never wrong, but opinions often are. Remember, the market is designed
to fool most of the people most of the time.
13. After spending many years in Wall Street and after making and losing millions of
dollars I want to tell you this: It never was my thinking that made the big money for
me. It always was my sitting.
14. There are many times when I have been completely in cash, especially when I was
unsure of the direction of the market and waiting for a confirmation of the next move.
15. It is foolhardy to make a second trade, if your first trade shows you a loss. Never
average losses. Let this thought be written indelibly upon your mind.
16. 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 is correct. In other words, don’t be
an impatient trader.
17. When you make a trade, “you should have a clear target where to sell if the market
moves against you. And you must obey your rules! Never sustain a loss of more than
10% of your capital. Losses are twice as expensive to make up. I always established a
stop before making a trade.


  1. Spot on with this write-up, I actually believe this amazing site needs a lot more attention. I’ll probably be back again to read through more, thanks for the info!

  2. Great beat ! I wish to apprentice while 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 acquainted of this your broadcast provided vivid clear idea

  3. Nice post. I used to be checking continuously this blog and I am
    impressed! Very useful information specifically the ultimate phase
    🙂 I care for such info much. I used to be seeking this certain info for
    a very lengthy time. Thank you and best of luck.

  4. I used to be suggested this website by way
    of my cousin. I am not sure whether this submit is written by means of him as no one
    else know such detailed about my difficulty. You are incredible!
    Thank you!

  5. hey there and thank you for your information – I’ve certainly picked up anything
    new from right here. I did however expertise a few technical points using this web
    site, as I experienced to reload the site lots of times previous to I could get it to load correctly.

    I had been wondering if your web hosting is OK?
    Not that I’m complaining, but slow loading instances times will often affect your placement
    in google and can damage your high quality score
    if ads and marketing with Adwords. Anyway I am adding this RSS to my email and could look out for
    much more of your respective exciting content. Make sure you update this again very soon.

  6. Its such as you learn my mind! You seem to know so much about
    this, such as you wrote the e book in it or something.
    I believe that you could do with some p.c.

    to force the message house a little bit, but other than that, this is fantastic blog.
    An excellent read. I will certainly be back.

  7. Hi there, i read your blog from time to time and i own a similar one and i was just curious if you get a lot of spam responses?
    If so how do you reduce it, any plugin or anything
    you can advise? I get so much lately it’s driving me
    mad so any help is very much appreciated.

  8. It’s the best 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 few interesting things or suggestions.
    Maybe you can write next articles referring to this article.
    I want to read more things about it!

  9. I am extremely impressed with your writing skills as well as with
    the layout on your weblog. Is this a paid theme or did
    you customize it yourself? Either way keep up the excellent quality writing, it’s rare to
    see a great blog like this one today.

  10. Hello there, I found your blog by way of Google while looking for a similar
    subject, your web site came up, it appears good.
    I’ve bookmarked it in my google bookmarks.
    Hello there, simply turned into aware of your weblog through Google, and located that
    it’s truly informative. I am going to watch out for brussels.

    I will appreciate if you proceed this in future. Numerous people might
    be benefited from your writing. Cheers!

  11. Great web site you’ve got here.. It’s hard to find excellent
    writing like yours nowadays. I really appreciate
    individuals like you! Take care!!

  12. I loved as much as you will receive carried out right
    here. The sketch is attractive, your authored subject matter stylish.

    nonetheless, you command get bought an impatience
    over that you wish be delivering the following. unwell unquestionably come more formerly again since exactly the same nearly
    very often inside case you shield this increase.

  13. Hmm it seems like your blog ate my first comment (it was
    extremely long) so I guess I’ll just sum it up what
    I had written and say, I’m thoroughly enjoying your blog.
    I too am an aspiring blog blogger but I’m still new to everything.
    Do you have any tips and hints for inexperienced blog writers?

    I’d definitely appreciate it.

  14. Magnificent goods from you, man. I’ve understand your
    stuff previous to and you’re just extremely excellent. I really like
    what you have acquired here, really like what you are saying and the way in which
    you say it. You make it enjoyable and you still take care of to
    keep it wise. I can’t wait to read far more from you.

    This is actually a wonderful website.

    Also visit my page – Artemis DX8000 Reviews

  15. Excellent 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 recommend 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 recommendations?
    Bless you!

  16. I’m really inspired along with your writing skills as well as with the layout on your
    weblog. Is that this a paid subject or did you modify it yourself?
    Anyway stay up the excellent high quality writing, it’s uncommon to look a nice
    blog like this one nowadays..

  17. Every weekend i used to pay a quick visit this web site, for the reason that i want enjoyment, for the
    reason that this this web site conations truly good funny
    data too.

  18. 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 wish to suggest you
    few interesting things or advice. Maybe you can write next articles referring to this article.
    I desire to read even more things about it!

    Feel free to visit my web site … Optimal Trim Keto

  19. I was wondering if you ever thought of changing the page layout of
    your site? Its very well written; I love what youve got to say.
    But maybe you could a little more in the way of content so people could connect with it better.
    Youve got an awful lot of text for only having 1 or two pictures.

    Maybe you could space it out better?

  20. Asking questions are truly pleasant thing if you are not understanding something totally, but this paragraph gives pleasant understanding even.

  21. Your style is so unique in comparison to other folks I have read stuff from.
    Thanks for posting when you have the opportunity, Guess I’ll just book mark this site.

  22. Hola! I’ve been following your site for some time now and finally got the bravery to go ahead and give
    you a shout out from Kingwood Texas! Just wanted to say keep up the
    great job!

    Here is my web-site – car part

  23. Ahaa, its fastidious discussion on the topic of this post here at this weblog, I have read all that,
    so at this time me also commenting at this place.

    my blog post; سئو (Shawna)

  24. Thanks on your marvelous posting! I quite enjoyed reading it, you will be a great author.I
    will make certain to bookmark your blog and will eventually come back from
    now on. I want to encourage that you continue your great posts, have a nice morning!

    My page … Fermelique Cream

Leave a Reply

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