Sunday, October 25, 2020

First Reit - The Poor Gets Poorer

Never buy reits based on its dividend yields.  First Reit is a very good example where The Poor Gets Poorer.  Poor management equal to poorer result and poorer reit price.  The Best Gets Better in the sense that Good management equal to better result and better reit price. 



Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

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