The conventional trading wisdom is that you're supposed to add to winning trades and cut losing ones.
Not exact matches
Conventional Wisdom # 2: Buffett's purchase of Phillips 66 is also accompanied by a «Buffett premium» because peers Marathon Petroleum and Valero Energy only
trade at 8x earnings while Phillips 66
trades at 12x earnings.
For example, according to
conventional wisdom, options
trades such as covered calls are considered to be relatively conservative, and therefore may be more appropriate for risk - averse accounts.
I think after two ~ 50 % stock value crashes since 2000, a near financial calamity in 2008, and ongoing shenanigans like high - frequency
trading and punishing investing fees (to name just two), people are increasingly rejecting what's become
conventional wisdom («you must turn over your savings to Wall Street or retire on a cat food diet»), thanks to the high - powered Wall Street marketing machine.
Another Look at the Waxman - Markey Cap - and -
Trade Proposal; The Wonderful Politics of Cap - and -
Trade: A Closer Look at Waxman - Markey; The Making of a
Conventional Wisdom), and so I will be very brief on this instrument in this essay.
The current
conventional wisdom --- broadly echoed by the news media and the blogosphere — is that comprehensive, economy - wide CO2 cap - and -
trade legislation is dead in the current U.S. Congress, and perhaps for the next several years.