how could anyone lose money on fmg today?, page-25

You have to tell me the other 9 rules.

With that sort of return you are going to beat me to a million dollars or early retirement.

I cant say how many rules I have but my wife is sick of me saying "dollar cost averaging".

Your stop/loss strategy is a good one. There was a good article in the SMH from the stockbroker Marcus Pedley. He said he pleaded with his clients to sell all their shares at the top but it was like getting them to sell their grandmothers. If you trade you have to have sang froid which the literal French translation means in "cold blood". Never fall in love with a company.

I have another rule: I dont believe in getting rich quick. I want to get rich slowly. The market has to make up its 40% fall than perform at its average of around 12%. When it will do this no one knows. Hence, return to dollar cost averaging. You can be a moron and still make money by following the index and to staying the course. So that is four of my rules.