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Showing posts from January, 2019

New Market Wizards is worth a read

 Some guide lines  Two secrets of trading success: 1. Preservation of capital and Home Runs. 2. It is not easy to buy a stock after you have sold it. 3. Use left brain for fundamentals and right brain for imagination and story behind how a stock will soar. 4. Victor Sperando's goal in Wall Street is not to get rich but to stay in business. 5. The key to success is not knowledge alone but emotional discipline. The best analogy to this is dieting. You know that to slim down, you need to exercise and avoid fats. But the knowledge of this does not make you slim. It is the discipline to do it that counts. 6. Have a balanced life. 7. Do not buy a stock that is going down even if the fundamentals are good. (when broker houses are issuing 'buy' calls) 8. Never use valuation to time the market. 9. Be able to get over a loss in twenty four hours. Otherwise, the position is too big. 10. Emotional makeup and discipline is more important than IQ. (i.e. IQ is still important) 11. T...

Apple: 8 Reasons why now is Not the Time to go All In

The Stock moved Conversely to the Market today. There FAANG options with more upside. There are still 6 unsettled lawsuits outstanding. Earning are not reported til 1/29. There are no new products on the horizon. So, look elsewhere til 1/29, may, September maybe Sept or even November unless Cook implements something from my "19 things apple should change now" YouTube video b29349.               I am Long Apple.

Overcome Destructive Habits That Will Hold You Back

1. Doubting Yourself If you constantly doubt yourself and question your goals, your pessimistic feelings will loop faster and more intensely. When you think on a negative and your fear of rejection, you only fuel feelings of indecision and uncertainty. You succeed if you let yourself get unstuck in a negative thinking and if you look forward not back. You are likely to succeed if you believe in yourself and visualize (practice specific) future successes. What looks different too and for the person that you would be in when you have what you want? in the world? 2. Thinking you are owed an easier future because life has mistreated you Many people blame different circumstances or different people when things go wrong and they fail to they personally made in the potential outcomes of a situation. Sometimes it might be lack of success reference points and no one older to have guided you through youth, but you don’t have to play victim loop ...