I was going through some old emails this morning, trying to zenify my inbox and came across this ancient list that I saved from a forum I was a part of years ago. I always liked these rules for their simplicity and I think they can benefit some of you, if only in the form of a gentle reminder of what you should be doing…or not doing. 1. Market direction is the most important thing in determining a stock’s
probable direction.
2. Price and Volume action are more important than a jillion indicators and
complex theories, no matter how cool they may be.
3. Don’t miss the forest (broad market) for the trees (individual stocks).
4. Don’t anticipate. Wait for confirmation.
5. Don’t trade contrary to the market’s direction.
6. Don’t try to
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