Tuesday, October 2, 2007

Rules - Golden Rules on Stock Trading

1) Ride the trend. Let winners run
2) Use stop orders. Cut losers quickly
3) Buy the rumors (sell the facts)
4) Don't over-trade. Make few key moves. Have long-term perspect
5) Focus: Follow a few stocks, don't analyse too much information
6) Diversify (sectors, commodities, bonds, global)
7) Buy liquid stocks
8) Go where the HOT-MONEY's go
9) Buy value/bargain stocks (investments)
10) Keep doing what worked in the past

11) Don't be ignorance, always think ahead - what could be next?
12) Don't be a chicken, don't become too sensitive, don't do nothing

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