Stock Market Unwritten Rules

Author: Panes
Publisher:
Publish Date: 2003-06-01
Features: When messages, rumors, and news are flying all around, what can you rely on? Don’t reach out to catch the falling knife—control your FOMO (Fear of Missing Out)! Stock trading is a marathon, not a sprint. Lock in profits with the piety of a religion. Greed = Death. Pigs are always slaughtered because of greed. If you chase too many rabbits, they will all run away in the end. Trends are your true friends—don’t argue with them! Never think about losing money; instead, learn to control and reduce risk. Never marry stocks! In The Hidden Rules of the Stock Market, Michael Panes combines insightful theory with practical exercises to guide online traders and investors: Determine your trading capacity, find a trading style that suits you; Recognize the "opponent" of trading, understand the impact of "stock market thinking" on investments; Overcome your fatal weaknesses, avoid the eight psychological flaws that lead to trading failures; Make friends with trends, reject the whispers from hell; Put on a "safety helmet" to protect your capital in the unpredictable market; Trade to realize your dreams, let life be filled with surprises every day.