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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