Whether you are a seasoned investors or a newbie (like me), I believed there is/are certain area that you deemed as NO-NO in your investment venture. What do I meant by "NO-NO"? They are the steps or actions that you would never do previously, now and in future.
Just to quote as an example, you will never invest on leverage (i.e. based on borrow fund). This is my NO-NO, by the way. Of course, for some seasoned and skilled trader, this (invest on leverage) might be an opportunity, instead.
Some of the other potential NO-NO are :
1. Never invest based on recommendation by friend/family member alone
2. Never invest in penny stocks
3. Never invest in certain industries etc...
What about you? What is your NO-NO?
Cheers!
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