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Re: stockrock58 post# 393

Thursday, 03/06/2008 9:19:19 AM

Thursday, March 06, 2008 9:19:19 AM

Post# of 39472
Sir, you made many fundamental mistakes it seems. Its hard to look within and evaluate why we make the decisions we make. We all tend to just blame someone else.

#1 - Never invest in Pinks, only trade them
#2 - Never believe anything your told
#3 - Get in and get out, dont let greed dictate trades
#4 - Never expose yourself to more than a 1% risk to your cash
#4a - Risk on Pinks is 100%, so never put more than 1% of your cash account into a Pink position

There are plenty of other rules and you need to set your own. Losing money in the market is called "Paying your Tuition." Believe me when I tell you I have paid mine many times over!

Best of luck...