Saturday, 10 September 2016

The rules

Warren Buffett, George Soros, Jesse Livermore, Edwin Lefevre, John J. Murphy, Lewis Allen, Peter Lynch, Adam Smith. There men have only one thing in common – they are the greatest market players.

If you want to be like them, you must keep in mind the following rules:
1. Education, training, education.
2. Think about yourself.
3. Adaptation or failure.
4. The lack of a plan is a prior condition for failure. 
5. "Be like a machine".
6. Know your tools better.
7. Know yourself.
8. Profit & Loss.


These men had worked very hard to achieve their targets and be what they are known to be. So you have to work very hard in order to move forward. The experience, training and the constant adaptation to the market movements are sure conditions for success. Patience, persistence and willpower are the key factors.

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