Quote:
Originally Posted by strykn
for MindBomber rules on whiteboard behind my desk:
1.Scale in all long positions
2.Don't chase
3.Cut losses early , especially if catalyst is far out
4.Patience
5.No mental fantasies
6.Macro market IS important
7.NO Options that expire before catalyst
8.DO not hold throgh catalysts
9.Buy the Bear Raid
10.Always have some free capital
11. Don't be afraid to short.
12.DISCIPLINE. Never break the rules.
edit: wow can't believe I forgot to write one of the most important rules on my wall gotta add this up there
13. No Emotion
and for newbies I'll give you a good one
"NEVER follow others"
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what exactly do you mean by rule 2? don't chase?
what is catalyst? is this a stock term?
hmmm what else... thats it. lol.