CanTay
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# My No. 1 trading rule. Its ok to wait for a stock to buy it cheaper because there will always be dips. its ok to make mistakes because we learn from them. Invest in stocks with dividends, keep building because passive income is awesome.
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CanTay
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Never buy a stock that is fundamentally weak, to the extent it goes Chapter 11, that is when all your money are gone.
The real life story was that when I was totally new in stocks and a "smart" friend whose "intelligence" I trusted put forward (shared) an intelligent report that the investment gurus are as good as a chimpanzee when it comes to selecting stocks.
What followed was that I had many stocks that were delisted, in succession, throughout a period, losing money.
The report was very misleading because it presumed that the gurus and the chimpanzee each selected a stock, and trade it within a short period to determine success or failure. In all, my being naive was to be blamed.
The worst was that this smart friend had never traded stocks in his whole life, yet he talked like he was a pro.
That's life. Part of learning curve.
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The real life story was that when I was totally new in stocks and a "smart" friend whose "intelligence" I trusted put forward (shared) an intelligent report that the investment gurus are as good as a chimpanzee when it comes to selecting stocks.
What followed was that I had many stocks that were delisted, in succession, throughout a period, losing money.
The report was very misleading because it presumed that the gurus and the chimpanzee each selected a stock, and trade it within a short period to determine success or failure. In all, my being naive was to be blamed.
The worst was that this smart friend had never traded stocks in his whole life, yet he talked like he was a pro.
That's life. Part of learning curve.
...
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CanTay
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#1 rule: Always invest with money you can afford to lose!
Always do due diligent and never put all the eggs in one basket!
Always do due diligent and never put all the eggs in one basket!
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CanTay
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Always do DD before you start to invest. do not invest blindly !! AMC HODL...
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CanTay
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My #1 rule is to never buy in to something purely based on public opinion. Just because many people are hyping up certain stocks does not necessarily translate to a good overall investment for myself. Make sure that you stay in touch with your own values and ask yourself if there is a high chance you will regret your decision. Sometimes, the high risk high reward isn't worth the adrenaline rush.
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CanTay : anything's goes up will comes down
just remind yourself thi