William J. O’Neil’s 10 Trading Principles that Made Him a Legend.
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“90% of the people in the stock market, professionals and amateurs alike, simply haven’t done enough homework.”
“It seldom pays to invest in laggard stocks, even if they look tantalizingly cheap. Look for, and confine your purchases to, market leaders.”
“Cardinal Rule #1 is to sell short only during what you believe is a developing bear market, not a bull market.”
More from Steve Burns
Ten lessons from the book:
“What I Learned Losing a Million Dollars” by Jim Paul and Brendan Moynihan
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“Experience is the worst teacher. It gives the test before giving the lesson.”
“Smart people learn from their mistakes and wise people learn from somebody else’s mistakes.”
“A fool must now and then be right by chance.” - William Cowper
https://t.co/Uq1h66riIF
“What I Learned Losing a Million Dollars” by Jim Paul and Brendan Moynihan
A thread 🧵👇

“Experience is the worst teacher. It gives the test before giving the lesson.”
“Smart people learn from their mistakes and wise people learn from somebody else’s mistakes.”
“A fool must now and then be right by chance.” - William Cowper
https://t.co/Uq1h66riIF
