2007-10-13

12 Basic Stock Investing Rules (10)

Never trust the advice of ......

There are many important things you need to know to trade and invest successfully in the stock market or any other market.

12 of the most important things that I can share with you based on many years of trading experience are enumerated below.


10. Never trust the advice and/or ideas of

i) trading software vendors,

ii) stock trading system sellers,

iii)market commentators,

iv) financial analysts,

v) brokers,

vi) newsletter publishers,

vii) trading authors, etc.,

unless they trade their own money and have traded successfully for years.

Note those that have traded successfully over very long periods of time are very few in number.

Keep in mind that Wall Street and other financial firms make money by selling you something - not instilling wisdom in you.

You should make your own trading decisions based on a rational analysis of all the facts.



By C.C. Collins

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