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.
I own 90% biotech stocks and in general I'm a longterm investor. I buy often stocks when they are less than a dollar and often sell them when they are 2-4 baggers.
My motto for 2014:
"Remember to take profit once in a while "!!
Jeff Williams - Stock Analyzer is an author and Stock Market Analyst. He has published monthly financial commentary, news and stock investment tips in his website, www.topstockpicks.com. He provides intricate and unbiased analysis from reports.