Market beliefs

  1. Price leads everything.
  2. The trend is your friend.
  3. Price derived indicators only provide information and not buy/sell signals.
  4. Trading is extremely hard.
  5. Stock markets are inefficient.
  6. If you’re reading it in the “news”, you’re too late.
  7. Never Chase!!!
  8. There are always opportunities in the market.
  9. Psychology and risk management form part of a trading edge.
  10. Targets are important.
  11. Nothing is guaranteed.
  12. Record everything