FeedTheBull's cre8Buzz Blog
The Dow Theory was conceived by Charles Dow during his analysis of market price action in the late 1800s.
So, what is the Dow Theory? Basically, it’s a set of principles and tenets that describe the general motions of the stock market and individual stocks. It’s not necessarily a path to beating the market, but a guide for understanding the underlying mechanisms involved. It’s based on two simple assumptions:
- It is impossible to manipulate a stock’s primary trend.
- The market discounts all presently available information.
1) Find the Big Fish in Small Ponds
2) Management Matters
3) Debt is Dangerous
4) Diversify
5) Never Forget the Fundamentals
http://www.feedthebull.com/content/5-tips-choosing-small-cap-value-stocks
- Use limit orders
- Use day orders.
- Be miserly.
- Split up your order
- Be flexible
- Find the midprice of the trade
http://www.feedthebull.com/content/6-rules-getting-your-trades-filled
The real test is if you understand this:
When you short a stock you are actually borrowing shares of a stock from your broker and selling the shares. You owe the shares you sold (shorted) to your broker so you have to buy them back and repay them (cover) at some point. If you are able to repay them (cover) at a lower price than you sold them (shorted) you make money. If you buy (cover) the shares at a higher price than you sold (shorted) the shares you lose money.
This is an article about a reference to a site that tracks 100's of so-called gurus The site just listed the just released picks from Kiplinger's Personal Finance and Forbes Magainze's journalists and gurus (Ken Fisher is one of Forbes Columnists, though he didn't have a column.
http://www.feedthebull.com/content/track-stock-picks-100s-pros
