Wednesday, August 7, 2013

The secret to trading and investing

The very secret to trading and investing and life itself: Do more of that which is working and just try your darndest to less of that which is not. If you buy a stock at $15 and it goes to $20, buy more becuase the market's telling you that you are right, but if you buy a stock at $15 and it goes to $12, cut the position back becuase you're wrong and why do more of something that's wrong. If taking flowers to your girlfriend works wonders, then buy her more flowers. That's life; that's trading' that's investing. Do more of that which is working and just really, really really try to do less of that which is not. I leave you with that thought.