Stock Market Trading: The 20 Rules of Engagement
"Good traders know how to make money; great traders know how to take a loss," and 19 other truisms to trade by.
Take a deep breath before risking your hard-earned coin. Decisions made in an excited state often come back to haunt you. If you're personally attached to a stock, the decision-making process will be inherently flawed. Hope is not a viable investment thesis.
10. Adapt your style to the market.
Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at email@example.com.
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