-Diversify - (you could make 100% a year and lose it all to a scam 15yrs from now). -hire the right people to help you.Brokers,accountants etal -read -learn about fundamentals more than charting. They always win in the end :-) -learn how to survive bear markets -put 40-50% of people on hotcopper on ignore - ive been in this business since tech days and met a lot of traders along the way and can tell you that a lot of them lose more than they win and what they have won are flukes to be lost in the future. -identify the good posters - tip- they arnt the ones with quantity on their mind and the good ones are always respectful on this forum- they also usually dont trade full time but professionals in their areas of business. -learn that if it looks like a bubble and smells like a bubble then it is one. (commodities not yet). -Learn that gold is money and not a normal commodity. -learn that money is not easily made, and those that profess they are good at it, probably arnt. -know that every fool makes money in a bull market. -when it comes to money- no-one is your friend. -Learn about history. :-) -Accept critisism and dont shoot your mouth off when u receive it. -Keep success to yourself and dont put others less fortunate than you down.
