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My NO.1 trading rule
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Veldin joined discussion · Jun 18, 2021 14:58

Father’s Day Contest: My No.1 Trading Rule!

Let your winners run. Buy and hold; do not perform too many short term trades. The vast majority of short term traders lose money or fail to beat the market. During sharp stock market corrections, gradually buy on the way down but avoid spending all of your capital too quickly. Avoid chasing stocks when valuations have run up too high in a short amount of time. It is best to identify stocks that belong to industries in a secular uptrend. Examples include ecommerce and fintech.
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