Really simple for me. I have 8 rules I try my best to stick to:
1. DO NOT CHASE A PENNY STOCK -- THERE WILL BE OTHERS
2. HAVE AN EXIT STRATEGY AND STICK TO IT
3. MINIMIZE LOSSES AND YOU WILL MAXIMIZE GAINS
4. DON'T MARRY A PENNY STOCK
5. DON'T HOLD DEAD STOCKS -- PUT THAT MONEY ELSEWHERE
6. HAVE DISCIPLINE ON WHAT TO BUY & NOT TO BUY -- YOU DON'T HAVE TO PLAY EVERY STOCK
7. LET YOURSELF WIN - PROFIT IS PROFIT, AND PROFIT REALIZED IS ALWAYS MORE THAN PROFIT IMAGINED
8. TRUST YOUR GUT
MrPink33s Trading Rules He Lives By
07 Aug 11
