10 Golden Rules to Blowing Your Trading Account Out

top-10-rules

  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?”

Brilliant stuff like this rains down like..well, rain, on my stream during the week. If you want to get wet, follow me on Twitter and StockTwits. You can also pick up my book Trading – The Best of the Best: Top Trading Tips For Our Times by clicking here.