10 Golden Rules for Blowing Out Your Trading Account

  1. Always use the maximum amount of leverage available.  They wouldn’t give it to you if you weren’t supposed to use it.

  2. Buy every dip, your stocks will always come back.

  3. Make sure to meet every margin call.

  4. Don’t look at the charts, that’s yesterday’s news.

  5. If you have other issues going on in your life, don’t wimp out! – KEEP TRADING!

  6. Reverse splits are a goldmine.

  7. Load up going into earnings.

  8. Follow [insert name of financial guru] cause he knows his shit!

  9. The market is your mortal enemy. Teach it that you’re the boss.

  10. Remember the trader’s motto, “it can’t go any lower.”

Related: When Trading Platforms Break: Your Survival Plan

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P.S. It should go without saying - but I’ll say it anyway - all opinions expressed in The Lund Loop are my own personal opinions and don’t reflect the views of my employer, any associated entities, or other organizations I’m associated with.

Nothing written, expressed, or implied here should be looked at as investment advice or an admonition to buy, sell, or trade any security or financial instrument. As always, do your own diligence.