1. Don't buy what you don't know.
2. Never buy higher than previous day's close.
3. Always formulate a margin of safety; know when to cut your losses
4. Moderate your greed.
5. Control your emotions.
6. Be aware of news and disclosures.
7. Stocks trading is a folly. Don't be the biggest fool and you won't lose money.
8. Never worry if your quote is not matched. Rushing in to be bought or sold is a bad idea
9. Don't try to anticipate the news. Just be there when it happens
10. Trading is not a race. It who makes money and who loses it.
11. Don’t be emotionally attached to stocks. What's profitable today may be bad ownership for tomorrow.
12. Observe a particular stock's movement for a few days before buying it.
13. Limit your trade. The more trades you have, the higher the chance you'll make a mistake.
14. Don't diversify…if you know and you're sure of what you are doing.
15. Don't just rely on Technical charts. Study the financials.
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Disclaimer:
The information provided in our review may not be as relevant today given the time gaps and change in varying economic conditions. While we strive to account every business possibilities that may affect a company's profitability, this is not a recommendation to buy or sell these particular stocks. We cannot be held liable for any investment decisions made in consequence to our articles.
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