Pricinples for Stock Trade

1. Don't buy stocks you aren't familiar with. Always do your homework carefully before trading.

2. Don't hold a stock you bought for quick profit. If this stock goes down, you've made a wrong judgement. Correct you mistake and cut loss by quick selling.

3. Don't be panic and sell a stock that you bought for the long run if it goes down, especially in a broad market crash.

4. Avoid big loss by prompt actions. Be brave enough to take smaller loss.

5. Sell after the price start to drop and buy after the price start to move up. Look at technical chart.