Look at the Level 2. Trade Smart and Trade Simple. There will be only one opportunity to correct a wrong trade. Make small gain and move on. Be prepared to exit a bad entry.
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I am breaking all the diversification rules right now by keeping almost 90% of my money in AIG. I used to hold ARR or AGNC, but I have switched to AIG in Sept 2012.
Portfolio contents at 12/31/2013
AIG (92%) BAC(4%) BRK.B(2%), AGNC (2%) ARR(1.5%)