The 8 rules of Carney

1. Never get into something you can't get out of. Every trade you make, look for the exit. Always keep your eye on the exit.

2. Don't take anything at face value - that's the biggest lie of any market. Nothing is ever priced at its true worth. The key is to figure out the real, intrinsic value - and get it for much, much less.

3. One minute, you have your feet on the ground and you're moving forward. The next minute, the ground is gone and you're falling. Never land - keep it in the air as long as you can.

4. You walk into a room with a grenade, and your best-scenario is walking back out still holding that grenade. Your worst case scenario is that grenade explodes, blowing you into bloody pieces. Moral of the story : don't make bets with no upside.

5. Don't overthink. If it's look like a duck and quacks like a duck - it's a duck.

6. Fear is the greatest motivator. Motivation is what it takes to find profit.

7. The first place to look for a solution is within the problem itself.

8. Ends justify means, but there's only one end that really matters. Ending up on a beach with a bottle of champagne.

(Quotes from "Ugly American$")