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Saturday, May 23, 2009

Jim's Ten Commandments Of Trading

Jim's ten commandments of trading

- never turn a trade (short term) into an investment. (long term)

- your first loss is your best loss.

- its okay to take a loss when you already have one.

- never turn a trading gain (short term) into a investment loss. (long term

- (stock) tips are for waiters.

- you don't have a profit until you sell.

- control losses, winners take care of themselves.

- don't fear missing anything.

- don't trade headlines.

- don't trade flow.

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