2024 Resolutions

 This is not a set of resolutions originated by me but it does quite resonate with me. So I share it with you and will try my best to follow them for 2024

 

 

• Do more of what is working and less of what isn’t. 

• Remember that the “Trend Is My Friend.”

• Be either bullish or bearish, but not “hoggish.” (Hogs get slaughtered)

• Remember, it is “Okay” to pay taxes.
• Maximize profits by staging my buys, working my orders, and getting the best price.

• Look to buy damaged opportunities, not damaged investments.

• Diversify to control my risk.

• Control my risk by always having pre-determined sell levels and stop-losses.

• Do my homework. I will do my homework. I will do my homework.
• Not allow panic to influence my buy/sell decisions.

• Remember that “cash” is for winners.

• Expect, but not fear, corrections.

• Expect to be wrong, and I will correct errors quickly. 

• Check “hope” at the door.

• Be flexible.

• Have the patience to allow my discipline and strategy to work.

• Turn off the television, put down the newspaper, and focus on my analysis.