Page 1132 - How to Make Money in Stocks Trilogy

118 HOW TO MAKE MONEY IN STOCKS—GETTING STARTED

While not every trade will work out the way you want, if you always
run a stock through the Buying Checklist before you buy, you’ll be
investing in quality stocks being bought heavily by institutional investors
as they break out of a proper buy point during a market uptrend. That
greatly increases the likelihood that you’ll start off in the right frame of
mind—and with a profit in your stock.

“Nothing ever becomes real ’til it is experienced.”
—JOHN KEATS

Unfortunately, I think there’s a lot of truth to what Keats said. I say
“unfortunately” because I’m afraid many people will just quickly read
through these 8 “secrets” and move on before they really sink in.
Then down the road, they’ll suffer a loss and realize, “By gosh, Matt was
right! I should have cut my losses sooner!” or “Why did I let that big gain dis-
appear?!”
In case you’re wondering . . . Yes, I’m speaking from experience. I did
indeed learn many of these “secrets” the hard way.
But that doesn’t mean you have to! Reread this chapter from time to time
to reinforce these key points and make sure you really take them to heart.
They’ll spare you a lot of unnecessary grief and help you experience a great
deal of investing joy.