How to make a small fortune in the sharemarket. Start with a large one and end up with a small one.
There is a small chance you get lucky on your first few trades, a rising market makes us all look smart. Respect those that make money in a falling market.
Education, education, practice, nothing like losing money to smarten your trading plan up.
As I said to a newbie the other day in the general thread, head over to moneybags.com.au and buy yourself a few basic books, read them and apply that knowledge. Guppy is a good starting point.
There was also a 13 point trading axiom posted in general over the last week.
I respect Roger's work, it is more suited to longer term investing, not trading, the book is very readable, has alot of excellent information in it.
