- Cut losses quickly if the stock isn't doing exactly what you want or expect
- Never chase your entry point. It's always better to lose out on pontential gains than to chase your entry and buy at the top of the spike and lose real money.
- Always have a stop (mental or hard)
- If you leave the computer, set a hard stop ALWAYS
- Never try to guess earnings or other fundamentals
- Don't hold through OTC earnings
- Don't hold sketchy OTC stocks overnight / weekend
- Try to stay liquid / cash
- Only trade stocks that have volume
- Don't believe CEO's. They all lie.
- Trade the ticker, not the company
- Don't force trades
- Don't boredom trade
- Never chase your entry point. It's always better to lose out on pontential gains than to chase your entry and buy at the top of the spike and lose real money.
- Always have a stop (mental or hard)
- If you leave the computer, set a hard stop ALWAYS
- Never try to guess earnings or other fundamentals
- Don't hold through OTC earnings
- Don't hold sketchy OTC stocks overnight / weekend
- Try to stay liquid / cash
- Only trade stocks that have volume
- Don't believe CEO's. They all lie.
- Trade the ticker, not the company
- Don't force trades
- Don't boredom trade
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