Killer Squid's Trading Rules....REVISITED!
1. Define an acceptable dollar and % stop for your trade.
(your will be surpriced how many of my trades are for $250 to $500)
2. Know what and why your are buying.
(Guilty of the scanner syndrome, the homework needs to be done.)
3. Never buy start a trade because somebody else is doing it.
( loooool I do that constantly to the 10th power, a testament to this board and its mods THEY ARE THAT GOOD.)
4. Know what has to happen for you to sell.
(WHAT?) ( I see green..I chit on my speedos)
5. Never go in big. First take a small position or a pilot position.
(By the time I try to scale in...Iam out. LMAO.)
6. Have reasonable expectations.
(Have no problems with that one, a huge percentage of my trades are betwwen 40 and 63%, no matter if it goes to 1,000% later.)
7. Never buy a stock that has made strong advances on 2 consecutive days.
( Except AAPL and SHLD....dahhhhh)(Example we cautgh NLFX 2 times this week for nice coins made)
8. Never short a stock that has made strong advances on 2 consecutive days.
( Iam ok there too)
9. Always near support.
(Whatever that may be, who knows, I have yet to see to charts posted here that look like mine. furthermore no one looks at a chart the smae way. These get distorted by the minute.)
10. Know why and when you are breaking any of the above 9 rules.
(as of late...ALWAYSSSSSSSSSSSSSSS)
GLTA.
Disclaimer...I SUCK!