Recent posts

#11

Open OverWise board / Re: Trading rules

Last post by Henrik Ekenberg - Aug 20, 2024, 06:31 AM

Never place a trade unless the odds are clearly in your favor

Longer post : https://overwi.se/forum/index.php?topic=239.0

#12

Open OverWise board / Re: Trading rules

Last post by Henrik Ekenberg - Aug 19, 2024, 06:14 AM

Knowing when to exit a trade is one thing; having the discipline to actually follow through is another

Longer post : https://overwi.se/forum/index.php?topic=238.0

#13

Open OverWise board / Re: Trading rules

Last post by Henrik Ekenberg - Aug 18, 2024, 07:18 AM

A trade is never guaranteed. You can follow all the right steps and still end up losing money.

Longer post : https://overwi.se/forum/index.php?topic=235.0

#14

Open OverWise board / Marty Zweig's Investing Rules

Last post by Henrik Ekenberg - Aug 17, 2024, 08:39 AM

• The trend is your friend, don't fight the tape.
• Let profits run, take losses quickly.
• If you buy for a reason, and that reason if discounted or is no longer valid, then sell!
• If the values don't make sense, then don't participate. (2+2=4)
• The cheap get cheaper, the dear get dearer.
• Don't fight the FED (less valid than #1).
• Every indicator eventually bites the dust.
• Adapt to change.
• Don't let your opinion of what should happen, bias your trading strategy.
• Don't blame your mistakes on the market.
• Don't play all the time.
• The market is not efficient, but is still tough to beat.
• You'll never know all the answers.
• If you can't sleep at night, reduce your positions or get out.
• Don't put too much faith in the "experts."
• Don't focus too much on short term information flows.
• Beware "New Era" thinking, i.e. it's different this time because...

#15

Open OverWise board / Re: Trading rules

Last post by Henrik Ekenberg - Aug 17, 2024, 08:23 AM

You should never feel pressured to make a decision in trading. Rushed decisions often lead to bad trades and unnecessary losses.

Longer post : https://overwi.se/forum/index.php?topic=227.0

#16

Open OverWise board / Re: Trading rules

Last post by Henrik Ekenberg - Aug 16, 2024, 05:50 AM

Your performance isn't judged by the trade ideas you generate, but by how effectively you execute the trades you decide to take.

Longer post : https://overwi.se/forum/index.php?topic=224.0

#17

Open OverWise board / Re: Trading rules

Last post by Henrik Ekenberg - Aug 15, 2024, 06:41 AM

The best traders don't just show up and hope for the best—they meticulously prepare by doing their homework. They analyze the markets, study patterns, and plan their strategies in advance to increase their chances of success.

Longer post : https://overwi.se/forum/index.php?topic=218.0

#18

Open OverWise board / Re: Trading rules

Last post by Henrik Ekenberg - Aug 14, 2024, 05:57 AM

If you lack the discipline to cut your losses, you'll find yourself hesitating and overanalyzing every trade, ultimately undermining your ability to make decisive and effective decisions

Longer post : https://overwi.se/forum/index.php?topic=212.0

#19

Open OverWise board / Re: Trading rules

Last post by Henrik Ekenberg - Aug 13, 2024, 05:44 AM

The most powerful trading edge you can have is a deep understanding of yourself. Knowing your strengths, weaknesses, and emotional triggers can make all the difference in your trading success

Longer post : https://overwi.se/forum/index.php?topic=209.0

#20

Open OverWise board / Re: Trading rules

Last post by Henrik Ekenberg - Aug 12, 2024, 06:02 AM

No matter how confident you are, the outcome of your trade is always subject to chance

Longer post : https://overwi.se/forum/index.php?topic=203.0