Thursday, January 10, 2008

How to invest and get rich

I always believe guidelines and discipline are must-have factors to possess when it comes to trading or investing in stocks.

Here's my 4 Golden Rules I have came up with:
- Set a target exit and cut-loss price before you buy
- Do not be greedy even though price has exceeded target exit
- Do not be emotional whilst hoping for miracle and cut loss when it reach the cut-loss price
- Be disciplined and follow the plan

If you can follow these 4 golden rules strictly, you can be assured of earning when you spot accurate breakouts.

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