Here is a great video we found on Youtube. The video is titled 'The 7 Golden Rules of Day Traders' and contains some great no non sense information for both new and experienced traders. The video details how you:
#1: Don't add to a losing position#2: Cut losses fast
#3: Never re-buy a winner without a good reason
#4: Never hold a stock overnight when there's an earnings or FDA decision the next day
#5: Never short strong stocks before 1pm
#6: Never trade out of boredom
#7: Scale out of winning positions
to be a more successful trader.
This is an excellent video and certainly worth watching.