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Old 16-08-2007, 10:38   #1 (permalink)
rudytrader
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Thoughts on Buy Low, Sell High

The old adage quoted again and again - Buy Low and Sell High is the key to making money in the markets. It really does not matter what business you are in whether it is selling shoes, mowing lawns, a distributor of medical equipment, or a fortune 500 company that sells information technology solutions. The principle of buying low and selling high holds true for all regardless whether one is aware/acknowledges it or not. The idea here is to procure at a lower value and then sell it for a higher value, the difference is what is called a PROFIT. It is a simple concept which often times escapes many a trader waddling through the quagmire of filters, trading systems, trading journals, and blogs and forums (like this one). While no one has a crystal ball at this thing, the principle of buying low and selling high will always remain paramount and one that can take you to the bank. rudy at afxedge


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