There are some advantages to buying round lots of shares (multiples of 100 shares), but they don’t apply to everyone. There could be limitations on odd lots (lots that are not multiples of 100)however. The broker might add 1/8 of a point to the price. Some limit orders might not be accepted for odd […]
We’ve said on a number of occasions that it’s important to do your homework before making any trading decisions… including what type of system you might use, what company you might go with, etc. I found this web site that monitors more than 1,000 trading systems, newsletters and stock pickers and they track the […]
It might not be too late to get in on Google’s latest stock offering, the first since their IPO over a year ago. Late today they “priced a follow-up stock offering of 14.16 million shares at $295.” This offering gives investors a small discount from their recent market value. For more […]
SOME FINAL THOUGHTS from Joe Ross
35. When you make a mistake of discipline, whine like a fool to anyone that will listen. Errors in discipline are mistakes you will keep on making for many years. Wearing ashes and sack cloth may help extend the time before you do it again.
36. If you squirmed and […]
MARKET OPINIONS
30. If you look for market secrets you will only find things that no one cares about. Use the conventional tools.
31. Never ask for someone else’s opinion, they probably did not do as much homework as you.
32. When the market is going up, say “the market is going up.” When the market […]
This is a continuation of trading tips from Joe Ross.
NEWS
14. Buy the rumor, sell the news.
15. News is only important when the market doesn’t react in the direction of the news.
16. Read today’s paper tomorrow. When you read yesterday’s paper each day with the knowledge of what the market already did, you will […]