Underlying rules of the stock market

Author: Michael Panas
Publisher:
Publish Date: 2003-08-01
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 go against them! Never think about losing money; instead, learn to control and reduce risk. Never marry stocks! In The Hidden Rules of Stock Trading, Michael Panas combines insightful theory with practical exercises to guide online traders and investors: determine their trading capacity, find their suitable trading style; recognize the "opponent" in trading, understand the impact of "stock market thinking" on investments; overcome their fatal weaknesses, and avoid the eight psychological flaws that lead to trading failures; be friends with trends, reject the rumors from hell; wear a "safety helmet" to protect your capital in the volatile market; trade to achieve dreams and make life full of surprises every day.