Trading Rules

  1. Trade with a plan and stick to it.
  2. Trade with the trend of individual issues; “The trend is your friend”
  3. Let your profits run; cut your losses short.
  4. Never let a good profit run into a loss.
  5. Never add to a losing position.
  6. Be Patient
  7. Never Over-trade
  8. When in doubt, get out!
  9. Use Stop Loss orders whenever practical
  10. Be just as willing to sell as you are to buy.
  11. Never buy just because the price is low; Never sell just because the price is high.
  12. Never trade on a tip.
  13. Always analyze your mistakes
  14. Never trade if your success depends on your execution.

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