Wednesday, May 13, 2020 11:14:15 PM
The net net plan is to hold an undetermined large position for years; 10 or more years.
I walk the kids through the rules all the time, starting when they hit their teens and now at Universities.
The #1 rule is no margin debt. Never
#2 rule is diversify
#3 don't sell your winners because they are up. I knew idiot brokers that did that and thought I was just lucky. What they never knew was that I read every stock market oriented book in the library. I knew what worked I AND I knew trading fails.
WANT TO MAKE A SMALL FOTUNE IN THE MARKET BY TRADING?
Start with a large fortune.
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