16 Guaranteed Ways to do Your Dough on the Stock Market. — ASXnewbie.com
Weekly Ramblings of an Australian Stock Trader - incorporating ASXweekendtrader.com
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16 Guaranteed Ways to do Your Dough on the Stock Market.

1. Don’t Plan. You won’t have the worry of setting goals.

2. Do not do any research at all. Think of the time you will save?

3. Jump in the market any time you like. You don’t have to worry if the market is going up or down.

4. No need to worry about entry or exit prices. Always pay top dollar for all your stocks.

5. Listen to your emotions you can’t go wrong.

6. Leave the market when you like. Be greedy.

7. Never use stop losses or conditional orders.

8. Follow the herd, Sell and buy when they do. You can’t go wrong again.

9. Listen to everything you see and hear on the media and believe it all.

10. Don’t worry its only money when it’s all said and done.

11. Average down with the trend, no better negative leverage.

12, Listen to “chatroom experts” advice and advisors. They wont lead you astray.

13: Hang onto a stock whose price is falling, because you need to prove you were right in the first place…. “It’s just a temporary correction anyway, and it will come back up again soon.

14. Cash Management and Position sizing strategies are for Wimps.

15. Moving averages, candlesticks and bollinger bands make charts cluttered and difficult to read.

16, Fundamentals are a waste of time everything you need to know is in the one chart.

Although this article was written with tongue in cheek. It is sad to say that there are a lot of traders out there (the numbers would amaze you) who are trading exactly like this.

Are you one of them?


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