Traders, what are some rules that you must follow when trading? These are the rules I follow.
This one is my personal favorite...
Buy that which is showing strength - sell that which is showing weakness. The public continues to buy when prices have fallen. The professional buys because prices have rallied. This difference may not sound logical, but buying strength works. The rule of survival is not to “buy low, sell high”, but to “buy higher and sell higher”. Furthermore, when comparing various stocks within a group, buy only the strongest and sell the weakest.
Submitted October 20, 2017 at 06:29PM by mr_robot77 http://ift.tt/2yD5F7L