a few trading rules/observations, page-5

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    johno

    with respect, i dont want to put anybody down or insult anyone so please dont take this the wrong way

    All these apply to PRA

    It is no different to a thousand other sad stories, unless you can see this you will do it again



    1) Set stops – never lose more than 15%

    4) THE TREND IS YOUR FRIEND

    5) Follow the money and always take profits


    7) The ”market” knows more than you do, NEVER buy into down trending stocks

    9) In every trade there is a smart person and a dumb one, which one are you?

    10) NEVER believe management, believe the share price


    13) The golden rule “He who has all the gold makes all the rules”. The people who “control” companies make decisions for their benefit only. You are just a pain in the backside

    14) There are none so blind as those who do not wish to see

 
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