Daytraders Weekend Aftermarket Lounge 7 -10th Oct, page-29

never fall in love with a stock
keep a plan, even if you dont always follow it, somethings better than nothing
always pay attention to both fa and ta, neither is perfect, and both work better together
always keep an open mind, trends change, things go wrong, events can change your original choice to buy/sell
a small loss is better than a big one and you'll never go broke taking a profit
try to ride the winners tall and cut your losses small
no brownie points for being the biggest contrarian or the longest long term holder on the forum
keep stats on your trading, evaluate regularly
take a view, no one makes money sitting on the fence
dont chase stocks, dont chase losses, dont chase women, dont chase anything in general...
always pay attention to trend lines, make use of them with tight stops above/below... (MSB good recent example)
dont try to over complicate things, make the most of the obvious trades and try to focus on just a few things at any one time
always make the best of a bad situation
always know the risks
why only equities? why only long positions? why only the asx? make the most of all opportunities
never stop learning