Thewealthunit ретвитнул

I DON'T BUY STOCKS UNDER THESE CONDITIONS:
Don’t buy when the overall market trend is bearish.
Even the best stocks struggle in a weak market.
Don’t buy stocks that belong to weak industry groups.
Strong stocks come from strong sectors.
Don’t buy stocks below their 50-week moving average.
If price is under this level, the long-term trend is weak.
Don’t buy stocks that are declining below their 30-week moving average, even if they look cheap.
No matter how bullish a stock looks, never buy if it breaks below a key buy point.
Broken support is a warning, not an opportunity.
Don’t buy stocks with poor volume on breakouts.
Real breakouts need strong volume. Weak volume = fake move.
If a stock breaks out and then quickly falls back below the buy point, sell it immediately.
No hope, no excuses.
Don’t buy stocks showing weak relative strength.
Leaders lead. Weak stocks lag.
Don’t buy stocks that fail to hold above resistance.
If it can’t stay above resistance, it’s not ready.
Never buy a stock just because it looks cheap after a big drop.
Bargains can turn into disasters.
Instead, buy stocks that break out above resistance with strength and volume.
Discipline protects capital.
Patience builds wealth.
English



















