hope to compile a list of rules to follow when trading in stocks...i'll start with some of my "rules", please post your own rules too!
1. Never, ever buy into hype.
When everyone is talking about XYZ, then you know that it's already too late to enter. E.g. everyone talks about stock market, then the stock market crashes. Everyone talks about commodities (e.g. gold), then commodities crashes.
2. Never, ever hold a loser.
Always know when to sell. When you have a stock that's losing money, make sure you sell and not diedie hold it as it goes all the way down.
i'll add more as i think of them
