Stoked on Stocks

My Rules of Investing:

• Always be an expert in the company
• Use the product, know the product, like the product
• Like/trust the CEO
• Never buy in the green. if you are in the green, you are already too late, its time to cash out, not buy.
• Listen to advice
• Never hold through uncertain events like earnings, new product launches, etc...
• Always remember that you will get a chance to buy low. You will know when it is time to buy.
• It is often better to not buy then to buy. 
• Always buy half of what you wanted to buy, if it suddenly drops, put in the second half of your money on the low, to lower your buying average.
• Be ready to lose the money you have put in. 
• There is no such thing as a free lunch. You probably won't make a bunch of money easily. If it was that easy everyone would do it. 
• Besides the steady rise due to inflation, growth of the economy, and growth of technology, the stocks should slowly rise. Besides that small rise, it's just money transferring hands. Smart traders take money from not so smart traders. 
• Insider trading happens. I believe it is a bit of a grey area. As a recreational stock trader, you won't have the tips that employees/insiders have, and you are essentially gambling at 50/50, while they are gambling at a much higher success rate.