In this video, Peter Martin presents a list of market aphorisms that are, in his opinion, 5 of the most well known trading sayings, explaining what the phrases mean and discussing how much value these adages actually offer. Which is your favourite pick? Share in the comments down below.
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Enjoyed this video Peter thanks…
How about “Cut your losses short and that your winners run” ?
“bulls and bears make money but pigs get slaughtered.” My favorite. Dont be greedy.
Another one: Cut losses quickly! Depending on your strategy and time-frame, you will sometimes have to bare the volatility of the market. If you always just take the loss, you will constantly be taking losses on trades that should’ve been profitable!
“A small profit is better than a small loss.”
This might be helpful, because if you are in the green but not yet at your target when you see a reversal happening, sticking to your original target would result in a loss possibly. Also like, ” Don’t be a dick for a tick.”
Very Useful for beginners.. thank you for making this one.
be fearful when people are greedy and be greedy when people are fearful::