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Posted On: 12/29/2017 12:20:00 AM
Post# of 27159
Preacher, welcome to the board. I read a stock market book years ago and in it was a bit about a broker with permission of like 50 of his customers had them fill out a questionnaire to determine their market knowledge. then tracked their investments for a period of time. He learned that the more they knew, the worse they did, lol.
Me. I like to see a chart with volume increasing. Then I look at the fundamentals, I do some contrary investing, Salty's bit of outstanding shares and insiders holding is great.
One good one I wish I had followed all the time is cut your losses. Set mental stop loss points on all your buys. Don't use your broker to set stops,. market makers see them and will steal your stock with big intra day swings. I'm speaking from experience there.
Me, I have listened to conference calls I think they are bunk, a waste of time. I like CEO's that consistently beat estimates. Charts tel l a better story than conference calls.
I got to stop, I could go on all night.
I book I enjoyed years ago by William O';Neil he was the founder of Investors Daily. And a successful trader. He stress inflection points. His book is more for listed stocks, not the pennies and sub pennies you might have seen here today. But it is a good basic investing book, IMO Any Barnes and Noble will have it.
https://www.overdrive.com/media/671823/the-su...l-investor
Me. I like to see a chart with volume increasing. Then I look at the fundamentals, I do some contrary investing, Salty's bit of outstanding shares and insiders holding is great.
One good one I wish I had followed all the time is cut your losses. Set mental stop loss points on all your buys. Don't use your broker to set stops,. market makers see them and will steal your stock with big intra day swings. I'm speaking from experience there.
Me, I have listened to conference calls I think they are bunk, a waste of time. I like CEO's that consistently beat estimates. Charts tel l a better story than conference calls.
I got to stop, I could go on all night.
I book I enjoyed years ago by William O';Neil he was the founder of Investors Daily. And a successful trader. He stress inflection points. His book is more for listed stocks, not the pennies and sub pennies you might have seen here today. But it is a good basic investing book, IMO Any Barnes and Noble will have it.
https://www.overdrive.com/media/671823/the-su...l-investor
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