Friday, March 5, 2010

Cramer's 10 Commandments of Trading

#1. Never turn a trade into an investment.

#2. You first loss is your best loss.

#3. It's okay to take a loss when you already have one.

#4. Never turn a trading gain into an investment loss.

#5. Tips are for waiters.

#6. You don't have a profit until you sell.

#7. Control losses; Winners take care of themselves.

#8. Don't fear missing anything.

#9. Don't trade headlines.

#10. Don't trade flow.

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