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- Wall Street is nothing new, because speculation is as old as the mountains, what happened in the stock market today has happened in the past and will inevitably happen in the future.
- Don't ask why, cause it's always a long time later than the chance
- The wrong person is not the market, do not complain about the market
- Before the market signal appears, do not
- You have to admit your mistakes and sell them.
- If there is no good stock, the bank is the best destination for the money
- There are only winners and losers in the stock market and no other
- Don't trust any advice from an investment expert, do not believe in the so-called insider news, do not trust the securities Company's recommendation, do not believe "at least not to lose" the story, you can only trust their own research
- Can not be anxious, not in the short-term fluctuations in the price of the bet, but should focus on the longer-term, to predict the overall trend of the stock
- Knowing what not to do and knowing what to do is equally important
- Don't touch stocks that you don't fully understand.
- Join the stock fall, but the fundamentals are still bullish, should not be sold, or even to buy
- Numbers can lie, and the trend is the only reliable ally.
- The best deals, in the beginning, from the digital point of view, the opportunity will tell you not to buy
- What everyone else is doing doesn't mean you have to do the same. Want to make money, find others do not understand, or do blind optimism and pessimistic people will not do
- It's pointless to condemn others, it's not going to change anything, it's just a waste of time.
- Test water: The stock price will never be too high to buy, nor as low as you can not throw
- Abandon preconceptions and leave prejudice on the sidelines
- Do your homework because no one can do it for you.
- Even if you see the market trend, but also to determine the time to mature to act
- Learn to do the right thing first, make money is just the result
- In stock speculation, it is important to interpret the market, to enter at the right time and to stick to your position.
- The greatest enemy is your own, deadly hope and fear.
- Falling stock prices are never the reason to buy stocks because they may fall even lower
- People are easy to be left to the animals, insist on independent thinking
- The most deadly is the self-disorder, the most expensive is the human fetters
- There's always an end to the rally, like a downtrend can't last forever.
- Never attempt to throw at the highest price, at the top point of the psychology is the most unwise and unhealthy. If no rising space is determined to be thrown, it will be thrown at the first time of the return file.
- War is not a struggle between man and man, but a contest of vision and vision.
- If there's one insider, it's just the boss's style.
- When insiders start buying their own stocks, that's OK
- The courage of speculators is to have confidence to deal with their own decisions
- Human nature does not change, the trap is not changed, now is committed by the mistakes of the predecessors
- Stop loss and take profit are equally important to get away as soon as possible
- Some people sometimes can beat some stocks, but no one can beat the whole stock market forever.
"Memoirs of a Stock Hand" Peter Lynch Review edition reading notes
