LESSIONS ARE IMPORTANT FOR ALL

* Stocks is a game of volume.

The more units of shares you have in a stock, the more profits you get.


* At times, it is better to cut your losses (especially when you believe the money would serve you better elsewhere).

When to cut losses is based on your gut feeling

I can’t teach you that. Follow your inner conviction.


* Occasionally move money around.

When you have gained so much from a stock, you can decide (if you wish) to end your union with that stock and put the money elsewhere.


* Always deposit money in your portfolio

You can’t build wealth from the stock market with ONLY $100

You need as much money as possible

Start with what you have, but occasionally add more money.



* In football, “attack is the best form of defense”

In stock market, “available cash is the best form of defense”

Stocks would always dip at a stage, so that is the time to always “buy the dip” thereby feeding your winning stocks.



* Patience is underrated

Patience is underrated

Patience is underrated (there is a reason I said this 3 times…e get why)


* Always have a strategy

Know why you are buying a stock and how long you intend keeping it

Always do what works for you.



* Success in the stock market is not in quantity but in quality

It is not in having “many stocks” but in having prolific and winning stocks.


* Don’t be too “emotionally attached” to any stock

Be willing to “let go” if the opportunity presents itself.


* Don’t be in a hurry to sell.


* Don’t put all your eggs in one basket

Also, over-diversified stock picks would weaken and slow the growth of your portfolio.