Trading Psychology 101

[MrSparex]

Never sleep!
Buy when there's blood in the streets!
Don't eat yellow snow!
Watch Mad Money...LOL
Read trading books!
Always check the chart before doing anything!
Beware!
Be careful!
Plan your trades and trade your plan!
Be smart!
Don't get your spouse's opinion on trading!
Stocks trending down...tend to keep going down!
Stocks trending up...tend to keep going up!
Eat at Joe's!
Use stop losses!
Don't sell it while it's going UP!!!
DO NOT-DO NOT-DO NOT trade w/more than you can afford to lose!
Message boards are...MESSAGE BOARDS! (double edged razors)
Know your tax situation on EVERY trade!
Have Fun!
If you get so stressed that head itches...your doing it wrong!
Cut your losses quickly!
Have a trading plan and stick to it!
Don't trade when your are feeling rotten.
Buy the rumor and sell the news!
Even terrible stocks can make you money!
Don't chase stocks!
Good luck!
"MrSparex"