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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: UPTICK who wrote (115356)5/23/2008 9:30:36 AM
From: Canuck Dave  Read Replies (1) | Respond to of 314098
 
See my reply to ZM, but I'll add a few others.

1. It's a balancing act; greed-fear aggressive-passive, friendly-ruthless. No one system works (or doesn't work) all the time.

2. Manage your risk and take the 10% loss. Don't let your small losers become large losers (biggie rule!). Don't fall in love with a stock.

3. Keep learning.

4. Listen to everybody but think for yourself.

5. Let your winners run.

6. Learn to read the tape. There is a difference between a top and a pause.

7. Are you passionate about it? Can you get back on the horse after getting thrown?

8. Don't be afraid to walk away from it at times.

9. Be honest.

10. And be yourself.That's what it's ultimately all about anyway. The money's just the grease to make it happen.

CD