Marty Zweig's Investing Rules

[Henrik Ekenberg]

• 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• If you buy for a reason, and that reason if discounted or is no longer valid, then sell!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...