Patrick Stock Reading

Thursday, June 08, 2006

Red Alert?

G0t kicked out from my office to work under the sun. No choice, agree or disagree also have to work, thus can't monitor the market actively, but my notebook follows me where I goes, and during break time, I will peep into the market for a quick feel.

Well, the feel is rather..., heard that one Lawer had ran away with millions of $ mm...pondering..., "Kay kay"(example) he play... oops!! better keep my mouth shut, anyhow say can be sue.

Let list basic some points on my trading. I'm no expert hor, so if you think it is nonsense, you're right, if you think it is not, you're not wrong too, anyway, if you dislike what you're reading, don't be upset, just bolt it by clicking the "X" in the center of the red color square box. It is located at the top right hand corner of your browser. alternatively click on the "back" icon also can... :D

trade without emotion
don't fall in love with any stock
need to sell, sell it. a gain is a gain, locked it in, even if accumulating
takes own time to accumulate.
really need to buy it back, check and double check B4 buying, (naked short is not buying, it's covering)
don't rush, especially buying
in a bull market take my time to sell.
learn as much as I can, and keep learning

As retail trader/investor my winning and lossing will not be that significant as compare to "Big FISH". For every bid of 1000 shares
@ 0.05 = $50
@ 0.02 = $20
@ 0.01 = $10
@0.005 = $5

look at the BIG PICTURE, not that tiny lost or gain.

and yes enternal environment that affect our market. Fed rate, CPI, manufacturing output, war, oil price and blar blar..

oops!!! there are points above I didn't follow. ok next time...

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