Category: Money Tips Date: 2006-05-13
Transaction Road, just those easy to break. Only Yam Zhirou before World Is Not Enough. Mo weak world were such as water, ran on the highest good is like.
Success is equal to a small loss, coupled with large and small profits, many accumulate. There are no major loss to do is very simple, in order to survive as the first principle, when there is danger of prejudice to this principle, abandon all other principles. Because, no matter how many you have in the past have had a 100% of the outstanding results, now as long as the loss of a 100%, you're left with nothing.
Transaction Road, defensive position, attack the enemy can be won. 1 million loss of 50% became 500,000, 500,000 to 1 million have to value-added profit of 100% Caixing. Every success, will only make you one small step; but failed every time, but it will make you a giant step backwards. From the Empire State Building's first floor reached the top floor, to an hour; but from the roof jump as long as 30 seconds, you can return to ceiling.
In the transaction, will always have something you can not think will give you a loss. Was necessary the best way to stop is to ask yourself a question: Suppose it has not established position, is also willing to buy at this price. If the answer is negative, once sold, do not hesitate.
Contrarian failed start. Should not be against the market, or try to beat him, no need for sophisticated than the market. Trend should be of, with the attendant; no trend in view of that, and tranquility. Tendency to wait for the final stabilize, and then hands-on passes. This will lose a small amount of opportunities, but won the money's security.
Your objectives must be consistent with the market, adapt to market trends. If you are in line with the market, profits will keep coming from. If you're wrong trend, you have to use the old and reliable umbrella - just a single loss. This is the trend and profit relationships. Trader successful two most basic rule is: stop-loss, and holding long. On the one hand, cut off a loss to control the passive. On the other hand, earnings trend has not run its full course is not easy to play, to make profits has increased substantially.
Bull market, most stocks can be afraid of being fitted, because the next wave of people will soon loosened up, and even a profit. At this time, should also be able to buy right of the comfort of their fixed, regardless of wind and waves, is worth a stroll. Road transaction key is to continue to gain the upper hand. Quick indemnities are bear market transactions in an important principle. When the position when they suffer losses and avoid overweight and then stroke. In the bear market, do not lose is to lose even a small win. More more mistakes, the less mistakes by not doing anything. In an obvious bear market, if the fear of being rejected out of a small loss, sooner or later suffer a great loss. A long-term downward trend in the struggling stock, sell at any time are correct.
