Don't buy low and sell high.

Most people want to buy a stock at it’s lowest price (“It’s cheap! It’s under valued!”) and sell it for a higher price. Great in theory, but in practice you’re probably buying as prices are falling and have downward momentum. After you buy, the price keeps falling and you wonder what went wrong?

Instead of buying on weakness (price decline), buy on strength (prices rising) once the stock has established a base and is breaking up and out from that base, with volume. That’s when you should join the party with the smart money! While you can get lucky “buying low”, buying high and selling higher is what separates the consistent market winners from average losers.