3 simple rules!
1. About risk. Take risks. Invest money with risk and do not be afraid of incurring minor losses. Do not give in to the temptation of constant diversification; the more diversified your investments are,
the lesser the return from each individual position.
2. About greed. Sell in time! Know when to stop and take your profit. There's no need to wait for a market boom. After closing a position, do not engage in self-torture about the continuation of movement without you.
3. About hope. When the ship is sinking, jump. You accept small losses to protect yourself from larger ones. Apply this approach without hesitation, as refusing to acknowledge your own mistakes is the worst choice of all. Treat small losses calmly and do not wait until minor troubles become threatening.
@Author unknown