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/biz/ - Business & Finance

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27853534 No.27853534 [Reply] [Original]

>Only put in money that you can afford to lose
>Time in the market beats timing the market
>Remember to always take profits
>Dont use leverage
>Dont try to catch a falling knife

>> No.27854739

thanks for the good advice anon! :)

>> No.27854776

>>27853534
thanks brudha

>> No.27854840

thank you for the clarification anon, i was wondering about a lot of this lately.

>> No.27855036

>>27853534
>Time in the market beats timing the market
cringe advice. imagine buying the top in 1929

>Dont use leverage
also cringe. what you mean is don't place all your bets on correlated assets without a hedge. (full long equities, for example)

I would add: trend is your friend. create a trend following strategy and stick with it. don't fight the trend. (long or short)