Look at the turn-over volume to find securities which fit your capital size. Turn-over / dollar volume is calculated by price × volume.
Once in a while your portfolio looks like Everest. In this rare situation, as an active trader, close some or all positions. Most likely, by experience, the quick gain will be corrected by a quick loss. Reset the setup and start fresh.
Do not trade or invest in a security and market which you cannot go short.
Contrarian investing is characterized by purchasing and selling in contrast to the prevailing sentiment of the time. In short, do not follow the herd. Certain crowd behavior among investors can lead to exploitable mispricings.
Widespread pessimism can drive a price so low it overstates risk and understates recovery prospects — identifying and buying such distressed stocks, then selling after recovery, can lead to above-average gains. Conversely, widespread optimism produces unjustified valuations that eventually drop. Avoiding and short-selling over-hyped investments reduces that risk. These principles apply to a single stock, a sector, an entire market, or any asset class.
Standard schools teach you and your kids to function, pay tax and pay bills. For being a freeman, you need to look elsewhere — or educate yourself.
Do not hesitate to get in touch. EasyStockDater offers in-depth consulting on the above via on-site or off-site meeting. The fee is set according to your background and financial means.