Stock Market Series -1

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25 Learnings from the Stock Market

1: Start every trade small and increase it

2: Look for mid term patterns to capture big moves

3: Always sell shares after a return below the breakout level

4: Never sell for a profit because of feelings, only technical rules

5: Hold a position above a rising EMA 21 and ignore one day breakdowns 

6: Hold your winners as long as possible. The weekly chart is your friend!

7: Let profits run to make a difference in good times

8: Position sizes must be dynamic

9: Have multiple exit strategies 

10: Look at your equity curve and see how you perform

11: Relative strength is more important than fundamentals 

12: Stay in your niche and trade with discipline

13: Become an execution pro!

14: Look for young companies with new products, services and high growth

15: Focus on strong industries with disrupting potential

16: Stock selection criteria only have one function

17: Observe your watchlist and spend less time with the indices

18: Volume is the blood of the stock market. Only buy stocks with high blood pressure

19: Be very selective: Have only the best stocks on your watchlist

20: Don’t look for trades, let the trades find you

21: It’s an advantage to be in cash

22: Sell into the strength to hold your equity curve close to the high

23: Trade only if you have an edge and ignore the rest of the time

24: Accept every detail of your trading approach

25: Ignore trades where you can’t build a rewarding position

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