- Don't catch a falling knife.
- Don't capitulate when there's a sell-down frenzy.
- Don't try to average down, especially with margin. Cos this is like number 1+2 combo which equates money suicide.But is short-selling with CFD a good idea? I haven't tried this round.
- Do diversify. Do not put all excess cash in 1 stocks, do not make up your portfolio with only stocks, do not buy stocks from only one market.
My mom likes to call playing the stock market gambling. I rebutted that it is NOT gambling, because you know the cards dealt to you and there is the element of control which is absent most of the time in gambling. This 4D is not your toto 4D. These 4Ds are some of your control.
