Friday, January 11, 2013

Thoughts on Investing

     Thoughts on Investing---from Brian Lund

10 Golden Rules to Blowing Your Trading Account Out

  1. Always use the maximum amount of leverage available.  They wouldn’t give it to you if you weren’t supposed to use it.
  2. Buy every dip, it will always come back.
  3. Make sure to meet every margin call.
  4. Don’t look at charts, that’s yesterdays news.
  5. If you have other issues going on in your life, don’t “puss out”- KEEP TRADING!
  6. Reverse splits are a “goldmine”.
  7. Load up going into earnings.
  8. Follow that Cramer guy, he knows his shit!
  9. The market is your mortal enemy, show it that you’re the boss.
  10. Remember the Trader’s motto,  ”how much lower can it go?”

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