“Rule #1, of course, is to cut short your losses to protect yourself...The greatest selling rule of all, however, is to use charts and always buy a true fundamental market leader at precisely the right time in the first place.” - William J. O’Neil

Lee Tanner of the IBD Petaluma Meetup Group
Biggest Mistake - Underinvested
Mike Webster How to improve on this?

If you haven’t read Jesse Livermore’s masterpiece…

How to Trade in Stocks

It’s about time!!

I’ve been traveling with this same copy for 25+ years…I learn some new every time

When bullish chart patterns are nowhere to be found, the stock market is sending a pretty clear message to growth investors: Favor cash until setups appear. Rest assured, they will appear at some point in powerful stock screens like Sector Leaders, IPO Leaders and the IBD 50.

You have to be around to benefit from the next bull market. Now is the time for risk managment and preservation of capital not time to be a hero.

'If you don’t take a hard look at risk, it will take you.” -

Larry Hite

I can calculate the motion of heavenly bodies, but not the madness of men.

-Sir Isaac Newton

I knew that many times I would be stopped out for the sake of a point just to see my stock climb up immediately after.

But I realized that this was not so important as stopping the big losses. Besides, I could always buy back the stock.

-Nicolas Darvas

$RDDT

'There's a whole generation of new traders that think if you hold a losing stock or cryptocurrency position long enough it will get back to even eventually.'

Steve Burns

If you could only use one technical indicator on your charts, which one would you chose?

The degree by which you think you know, assume you know, or in any way need to know what is going to happen next, is equal to the degree to which you will fail as a trader. - Mark Douglas

“You don’t have to involve yourself in every market movement. In fact, you should not attempt to. Be an exacting opportunist.  Be selective and pick your entry spots very carefully.  Wait until the probabilities are stacked in your favor before you act.” - Mark Minervini

Avoiding the big losers has more of an impact on your compounded return than catching the big winners. -Eric Crittenden

From Van K. Tharp's book 'Trading Beyond the Matrix'.

Happy to learn alot from Don Vandenbord today on IBDlive. #IBDpartner

I learnt how he was started trading and how William O'neil style infuluenced his trading style.Investors.com

check interview here:t.ly/fvEiQ

Beware of the cherry-picking accounts that only show you their winners. Do you want reality or fiction? If you're sincerely trying to learn, reality is the only path.

When all of the growth stocks in your portfolio are getting stopedout, but you try to remain optimistic.

This was the most insane stage of 2020 growth stock mania