Lessons to keep in mind:
-dont be shy to hit sell on non performers or stagnators
-dont rush to buy
-capital lost on bad trades is lost.
Profits lost from being cautios doesnt cost capital
-trading is like starting a business; costly mistakes at the start, best to start small, 90% of starters fail so 10% can earn
-keep ur job and trade part time for a few years first
-patience is a virtue
-advice should not be taken, but considered
-never consider advice from posters who only post on 1 stock
-STT thread rocks
-there's 1000 styles of trading so be open minded
-management 1st, resource 2nd
-dont he a hero/hot dog/show pony
-have hobbies and a life out side of trading
-you need a lot of cash to take advantage of options
That is all for now i guess :/
Short Term Trading - Weekend Lounge: 30 Jun - 2 Jul, page-59
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