Support and Resistance Trading Forum

Re: Trading axioms
By:Erich (vendor, CTA)
Date: 6/14/2009, 10:36 pm
In Response To: Trading axioms (Rob)

Those are pretty cool.

My personal favourites are from Warren Buffett:

*Warren Buffett's two rules of trading: Rule No.1: Never lose money. Rule No.2: Never forget rule No.1

*Success in investing doesn't correlate with I.Q. once you're above the level of 125. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.

*I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.

*We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely.

*The Stock Market is designed to transfer money from the Active to the Patient.

Responses To This Message

Re: Trading axioms
Shifu the ONE NOW -- 6/15/2009, 2:27 am
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