Don't Bite The Hand That Feeds You

[kurtv]

I learned as a day trader one must take profits fast in markets like the one we are in.


Its easy to have a gain turn into a loss.


Usually its bad to cost average. ( Average Down )


Greed Kills.


The one thing I notice and i will work on is, not to panic when you are down/behind in a trade.


Never buy 100% of the stock at one time.
I like to by 1/3,1/3,1/3 at a time and usually 4% away from each other.


When selling let 25% of your shares ride with a trailing stop.