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?”

Make sure to check out my new book  Trading:The Best Of The Best-Top Trading Tips For Our Times  (just click the banner below).

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Why not subscribe to bclund.com for free Via E-mail or Via RSS and follow me on StockTwits and Twitter?

What bclund is, is the intersection of markets, trading, and life (with some punk rock, pop culture, and off-beat humor mixed in). Check out “The Best Of bclund” to get started.

Click here to “Like” the bclund Facebook page.

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.