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Author Topic: Newbie Trading Basics 101  (Read 2947 times)
RodeoX
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August 09, 2011, 05:10:16 PM
 #21

Rule #1: Expect to loose 100% of your "investment". if you can't deal with that you are putting too many eggs in this basket.

Rule #2: Pull out your initial investment when you have made a profit then reinvest your profits. I like this strat because it reduces risk to 0%.

Rule #3: Don't get your investment advice from a random guy like me.  Kiss

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FlipPro
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August 09, 2011, 05:15:57 PM
 #22

Rule #1: Expect to loose 100% of your "investment". if you can't deal with that you are putting too many eggs in this basket.

Rule #2: Pull out your initial investment when you have made a profit then reinvest your profits. I like this strat because it reduces risk to 0%.

Rule #3: Don't get your investment advice from a random guy like me.  Kiss
Good tip, people should minimize their losses by investing only what they can AFFORD to loose. Since this is a new market swings are HUGE, and you can literally be down thousands one day, and be in profit the next day... Be very careful.. and if you are investing alot of money, try to think of the investment in the long term, because quick pump and dumps will 80% of the time loose you money. Slow and steady wins the marathon. 3

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August 09, 2011, 06:19:22 PM
 #23

Rule: If the market is very volative, don't trade too often or the fees will eat your money. Wait for the swings to take you back into profit, then get out.
wormbog
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August 10, 2011, 01:05:34 AM
 #24

Rule #4: Bury a few bitcoins in a jar in your back yard. Leave a cryptic map in the attic for the grandkids to find 50 years from now. They'll be set for life.
airdata
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August 10, 2011, 03:03:14 PM
 #25

are you going to sit here and tell me that my $85 sell orders aren't going to be filled?
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