Stick to the facts, and do not worry about what other people think. Learn from the experience of others. Study proper trading psychology. It is very valuable. People will continue to make the same mistakes in the future as they have in the past. The sucker will always try to get something for nothing. You must adapt yourself to changing conditions.
Be fearless, but not reckless. Do not blame others email list for your own failures. Stocks are manipulated to the highest prices possible, by the powers to be, and then sold to a gullible public on the way down. Stay with the teachings of experience and common sense. General wisdom is less valuable than specific savvy. If you lose your temper, you are finished as a trader in the markets. The trader or speculator's most dangerous enemies are ignorance, fear, greed, and hope.
It is as important to know what not to do, as to know what should be done. In a major bull market, the public at first makes money, which later is lost, by over-staying the bull market. The public likes to be told. This is what makes tip giving a common occurrence. The market usually looks ahead from 6 to 9 months, ahead of current conditions. There is no need to know the reason why a stock advances in price.
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