I was reading one of the books on Market Wizards and one veteran manager/trader mentioned he had something like 4 rules. They were along the lines of:
1. Never break your trading rules 2. ? Can't recall but I am sure had to do w/ cutting losses 3. another rule..... and 4. Know WHEN to break your trading rules
Of course he is saying use some instincts in trading just as in any other profession.
MNGA, yea I do know and yer right. I liked what I read about them. The company is openly telling us they are about to unleash great news next week coupled with a low float. They're letting us in early on the ground floor and I for one appreciate it.