Trading advice

[centsgirl]

Rules of trading

1. Know the 3 E's--enter, exit, escape.

2.Do not start trading until 15 minutes after the market opens.

3.Use limit orders, not market orders.

4.Avoid using margin.

5.Have a plan to sell.

6.Always keep a journal.

7.Start your skills with a practice account.

8.Never act upon tips from uninformed sources.

9.Cut losses, and take your profits.

10.Be willing to lose before you can win, it happens to everyone.