Do you agree or disagree it is the NO.1 rule in finance investment ?

Discussion in 'Professional Trading' started by peterzhang, Oct 22, 2011.

  1. The NO.1 rule is initiative ,agree or not ? Thanks so much
  2. This no.1 has two sides,
    One side is stop lose if wrong, another side is add position if right

    Really ?
  3. Roark


    What good is initiative if you're a loser? You'll just lose money faster.
  4. initiative
    1. an introductory act or step; leading action: to take the initiative in making friends.
    2. readiness and ability in initiating action; enterprise: to lack initiative.
    3. one's personal, responsible decision: to act on one's own initiative.

    Are you sure you are using the right word?
  5. yes, but.....

    ambition & independence comes first.....

    this counts for all busineses...........
  6. LoL

    "Big fish eat little fish"

    This is the number one rule in finance.
  7. heech


    I thought the number 1 rule of finance investment was to never talk about finance investment.
  8. Financial investment is not nearly as risky as being an idiot.

    Number one rule is to not get in the water if you can't swim. But if you CAN swim, don't be afraid of the water.
  9. Right. And even if you are a big fish and you get eaten you get bailed out.
  10. Bill, there is no one else on ET who has educated me as much as you have in your posts. As simple as this post is, I feel like you "get it."

    #10     Oct 25, 2011