Michel Pireu Columnist

A few rules from Conrad Leslie for speculating in commodities that might apply to the stock market:

Restrict your market position to those which are in keeping with sound basic market fundamentals. Never buck an established trend. The market may know more than you know. Give up your opinion before you give up your money. Don’t sell in an uptrend, don’t buy in a downtrend. Recognise that the greatest difficulty in trading is knowing when to sell.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now