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09/25/25 12:59 AM

#202112 RE: pumper_stumper #202110

Well, no offense to Jack, but...

Professional Traders actually do pretty much the exact opposite of each of those - ask me how i know.

I don't know WHERE these came from, but I'll comment:

JACK'S RULES OF TRADING
1. Never chase a stock that's already run up considerably.
2. Never panic sell. In other words: When in doubt, hold.
3. When the stock price is down but the company still has potential, add.

Here's how many successful professionals trade:

1. Breakouts work. Adding to winners works. The whole idea is to GET ON uptrenders, and add to them if they continue.

2. When in doubt - GET OUT! Trading 101.

3. "Losers add to losers" - Paul Tudor Jones. If you're wrong, you're wrong - no big deal, accept it and move on.

Just another perspective - hope it adds value to anyone struggling w/ basic trading.

GLTA!