| When trading penny stocks online decision making is | | | | and your limitations. |
| the core to you success. You have to decide on | | | | There is so much instantaneous information available |
| when, where and how many shares you will buy. I | | | | to all market players today. It is OK to use intuition |
| have a couple tips to help you with your decision | | | | and to listen to that little voice inside your head, |
| making through the stock day. I feel it is important | | | | "Does the trade feel right?" If in doubt, get out...! |
| to address this topic. Every time you make a trade, | | | | Golden Rules |
| you make a decision. The more decisions you make, | | | | Finally, I want to leave you with what I believe are |
| the more you increase your self-esteem. | | | | two Golden Rules, applicable to all traders but, of |
| You grow with each decision, yet each decision has a | | | | essential importance to short-term swing traders: |
| price--you must discard a choice, and you must | | | | NEVER, ever, average a loss! Sell out if you think you |
| commit. Conditions are always imperfect! You must | | | | are wrong. Buy back when you believe you are right. |
| allow yourself to fail. Allow for human limitations and | | | | NEVER, NEVER, NEVER listen to anyone else's opinion! |
| incorrect choices. Reserve compassion for yourself | | | | Only YOU know when your trade isn't working. |