Wednesday, July 15, 2009

Trading 27 Rules !!!!!!!!!!!!!

Dear All,

We are starting a series of post on trading rules , in first post i am just mentioning the rules , in later post we will discuss in details

Hope to see you trade better and in responsible way



Getting in the Game

RULE #1 Know Your Game

RULE #2 Have a Trading Plan

RULE #3 Think in Terms of Probabilities

RULE #4 Know Your Time Frame


Cutting Losses

RULE #5 Define Your Risk

RULE #6 Always Place a Protective Stop

RULE #7 Your First Loss Is Your Best Loss

RULE #8 Never Add to a Loser

RULE #9 Don’t Overtrade


Letting Profits Run

RULE #10 Keep Good Records and Review Them

RULE #11 Add to Your Winners

RULE #12 Use Multiple Time Frames

RULE #13 Know Your Profit Objective

RULE #14 Don’t Second-Guess Your Winners


Trader Maxims

RULE #15 Know the Limits of Your Analysis

RULE #16 Trade with the Trend

RULE #17 Use Effective Money Management

RULE #18 Know Your Ratios

RULE #19 Know When to Take a Break

RULE #20 Don’t Trade the News

RULE #21 Withdraw Equity Regularly

RULE #22 Be a Contrarian

RULE #23 All Markets Are Bearish

RULE #24 Buy/Sell 50% Retracements

RULE #25 The Only Indicator You Need

RULE #26 Study Winning Traders

RULE #27 Be a Student of Yourself



We will discuss in details of these rules in coming post



For Free trading calls for 15 days send your request to abhaycfa10@yahoo.co.in

equitychartguru.yahoo.co.in


Thanks & Regards
Abhhay Mehrootra


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