Thank you!

#8 Is definitely something that requires strict discipline and training.
It took me a while to put this rule into effect 100% of the time, I struggled doing it because I always thought it was not the right move, but every single time, buying in the red would have been the better decision.

I suppose this would interfere with #10, because you are right, in times of chaos your gut is telling you to pull out. It has happened to me, which is actually how I've lost a decent stake in some areas. But, there have been times I have had a strong gut feeling that holding would be the best option, and it ended up being a good choice.

For a new investor, #10 is definitely not the best advice, so I will change it.
Thank you for pointing this out; reasons why I enjoy when people leave genuine comments!