Just like when you are learning to drive you have to have
the basics so you don’t get into an accident. Here are some tips to trade safely on the road to riches.
Rules of the road:
- Never trade after hours
- Never do market orders only limit orders preferably with a stop
- Always double and triple check your order before you press send or submit
- Always double check your stock symbol if it’s new to you don’t buy HP when you want Hewlett Packard (HPQ)
- Don’t buy options that have a wide spread in the bid/ask price
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