General wisdom is less valuable than specific savvy.
Without any effort on their part they would have been in the strong strategic position that I always try to find myself in when I am manipulating a stock.
The absence of inside support is generally accepted as a pretty good bear tip.
All I considered was what should, could or might help or hinder me in that task.
Nothing but a gambler, but he had real ability and a strongly developed aptitude for the speculative game. At the same time his reputed indifference to highbrow pursuits made him the hero of numberless anecdotes.
I suppose that helped, for nothing succeeds like success.
But on general principles it is just as well to provide for any and all contingencies. It's plain sense.
If the most successful manipulation consists of that in which the desired end is gained at the least possible cost to the manipulator.
Getting angry doesn't get a man anywhere. More than once it has been borne in on me that a speculator who loses his temper is a goner. In this case there was no aftermath to the grouches.
Carefully laid plans will miscarry because the unexpected and even the unexpectable will happen. Disaster may come from a convulsion of nature or from the weather, from your own greed or from some man's vanity; from fear or from uncontrolled hope.
The old-fashioned bucket shops are gone, though bucketeering "brokerage" houses still prosper at the expense of men and women who persist in playing the game of getting rich quick.
The speculator's deadly enemies are: Ignorance, greed, fear and hope.
In addition to trying to determine how to make money one must also try to keep from losing money. It is almost as important to know what not to do as to know what should be done.
The public always wants to be told.
The experience of years as a stock operator has convinced me that no man can consistently and continuously beat the stock market though he may make money in individual stocks on certain occasions. No matter how experienced a trader is the possibility of his making losing plays is always present because speculation cannot be made 100 percent safe.
There is no asphalt boulevard to success in Wall Street or anywhere else. Why additionally block traffic?
Without any effort on their part they would have been in the strong strategic position that I always try to find myself in when I am manipulating a stock.
The absence of inside support is generally accepted as a pretty good bear tip.
All I considered was what should, could or might help or hinder me in that task.
Nothing but a gambler, but he had real ability and a strongly developed aptitude for the speculative game. At the same time his reputed indifference to highbrow pursuits made him the hero of numberless anecdotes.
I suppose that helped, for nothing succeeds like success.
But on general principles it is just as well to provide for any and all contingencies. It's plain sense.
If the most successful manipulation consists of that in which the desired end is gained at the least possible cost to the manipulator.
Getting angry doesn't get a man anywhere. More than once it has been borne in on me that a speculator who loses his temper is a goner. In this case there was no aftermath to the grouches.
Carefully laid plans will miscarry because the unexpected and even the unexpectable will happen. Disaster may come from a convulsion of nature or from the weather, from your own greed or from some man's vanity; from fear or from uncontrolled hope.
The old-fashioned bucket shops are gone, though bucketeering "brokerage" houses still prosper at the expense of men and women who persist in playing the game of getting rich quick.
The speculator's deadly enemies are: Ignorance, greed, fear and hope.
In addition to trying to determine how to make money one must also try to keep from losing money. It is almost as important to know what not to do as to know what should be done.
The public always wants to be told.
The experience of years as a stock operator has convinced me that no man can consistently and continuously beat the stock market though he may make money in individual stocks on certain occasions. No matter how experienced a trader is the possibility of his making losing plays is always present because speculation cannot be made 100 percent safe.
There is no asphalt boulevard to success in Wall Street or anywhere else. Why additionally block traffic?
