December 2011
Beginner to intermediate
404 pages
9h 30m
English
book
Bulls, Bears & a Croupier: The insider's guide to profiting from the Australian stockmarket
by Matthew Kidman
Content preview from Bulls, Bears & a Croupier: The insider's guide to profiting from the Australian stockmarket
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Chapter 6: The nine rules of success
With your ideas now flowing freely, the next step in the investment process is to live by some rules that will keep you from straying into dangerous territory. There will be a large group of investors, primarily the punters, who will not like the idea of having to adhere to a set of rules. They want to roam free and explore all types of risk to ensure they get their fix. My advice to these people is don’t obey any rules and go with your natural instincts, allowing you to enjoy the tidal gains and gut-wrenching losses that will follow close behind. For every other type of investor some simple rules will over time enhance your returns and allow you not only to sleep soundly, but also hopefully make some money ...
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