My trading strategies

I want to develop a better plan for trading stocks. The following are just very basic rules.I will modify them over time.


Finding stocks that are ready to move in the right direction.

- Short term swing trades
- trading momentum stocks



Things I want to do:

1- I want to buy stocks base on my own research.
2- I want to stop losing too much capital on a single stock.
3- I want to buy stocks that are over $10 a share.
4- I want to start shorting stocks.
5- I want to admit if I made a bad call.
6- I want to become more systematic not just do things randomly.
7- I want to learn from other successful traders.


Things I want to stop doing:

1- I don't want to trade Penny Stocks.
2- I don't want to hold the losing trades for too long.
3- I don't want to buy stock just because someone recommends it.
4- I don't want to go to the message boards.