Classic Strategies to Beat the Markets" by MARTIN J. PRING Book (INVESTMENT PSYCHOLOGY EXPLAINED)

-R.Kain

Rule 01: Trade with a strategy and follow it.

Rule 02:  Invest in the trend. "The fashion trend is your buddy!"

Rule 03:  If possible, use stop loss orders.

Rule 04:  Get out if in doubt!

Rule 05:  Be patience. Do not overtrade.

Rule 06:  Cut your losses short and let your profits run.

Rule 07:  Never allow a gain to become a loss. (Or always take a free position if you can.)

Rule 08:  Buy strength and sell weakness. Be just as eager to sell as to purchase.

Rule 09:  Invest in bull markets while they are just starting out. In bear markets and the latter stages of bull markets, engage in speculation.

Rule 10:  Never add to a losing position by averaging a loss.

Rule 11:  Never purchase something just because it's cheap. Never give in to pressure to sell at a premium.

Rule 12:  Trade only in liquid markets.