When I'm bearish and I sell a stock, each sale must be at…
“When I'm bearish and I sell a stock, each sale must be at a lower level than the previous sale. When I am buying, the reverse is true. I must buy on a rising scale. I don't buy long stocks on a scale down, I buy on a scale up.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Successful trading requires buying on upward price movements and selling on downward ones, maintaining a disciplined scaling strategy.
In simple terms: Buy high, sell low, but in a disciplined way.
Follow a clear scaling rule for trades.
Themes
Mood
Type
When to use this quote
- stock investing
- day trading
- portfolio rebalancing
Key Concepts
Questions to Reflect On
- How do you ensure you stick to the scaling rule during volatility?
- What signals indicate a true upward trend?
A market can stay irrational longer than your rule allows.