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S&P 500: 1,091.38 Change: -0.32%
zaphod
P&P Score: 99.84   Points: 1175.96   Accuracy: 74.71%   Average Pick Score: 3.21   Annual Return: 57.78% (17.10% since 8/5/09)  

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4 simple rules for trading

Date August 11, 2009     Comments Comments (2)    Rate this post Recommend This Post (27)
There are thousands of possible choices to make when choosing a stock, etf, or bond. It's easy to get lost in a sea of indecision when there are so many variables that make the price of stock on a given day, (earnings, price to sales, supply and demand, sector performance, etc...). A set of very basic trading rules is a necessity. Here are some of mine...

1. Price Matters.-nothing is more important. There has to be a very solid justification to pay up for a stock.
2. New highs beget new high…
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