Entries for the ‘Stock Trades’ Category

Stock market philosophy

Someone makes up a company, and needs capital to expand the business.   An investor gives the company money.  Why would the company want to give it back? This is why a crash once in a while is a good thing.  A crash keeps it real.  If its unreal for too long you get a depression. [...]

Idiot Guide to Playing Stock Market.

Resistance is futile. Actually, resistance is more important to a pattern than anything else. If you know where resistance is, you know where the momentum will go after the resistance breaks. #1 rule. Look for a pattern with the most OBVIOUS resistance. #2 rule. Pray that it breaks. #3 rule. Wait on the other side [...]

Positive Sum Game

Positive-Sum Games The opposite of course is a positive sum game, where each player expects to win, although the degree of winning may differ. Spin the bottle is of course an example of this type of game. Any cooperative game (the type I hate playing, which is why I cannot think of more examples) would qualify as [...]

Trading Rules

* Read Rules Every Day 1. Wait for stock to go red on the day. 2. Don’t worry about how many Day Trades you have left.  If its not going your way, get out. 3. When someone suggests a trade, contemplate doing the opposite.