Reading this past weekend an article pertaining to a few trading principals which I outline below.
1. Market are Never Wrong - Follow the trend
2. Cut Your Losses - Place stop loss alerts on all your assests
3. Let Your Gains Run - Never sell a stock because you feel it's high priced.
4. Add to Your Winners - Average up, be careful when averaging down.
5. Sit tight - There are times when you should stay put or stay on the sidelines.
Dan
