Its been a while since I stopped trading. Made alot of losses because I panic, and forgotten all about the important rules of cutting losses, looking at the technicals and fundamentals of the stock.
Lesson learnt:
1) Do not panic. Trade with a calm mind.
2) Do not go against the market
If you are an Intraday trader, technical analysis is very important, including the global stock market indexes.
Now that I am watching stocks again, trade with care!
Price is what you pay. Value is what you get. - Warren Buffet
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Tuesday, October 9, 2007
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