Basic principles

Risk management- Plan your loss before planning your profit.

Diversification- Be bullish, be bearish, be involved in various groups/markets.

Proper Position Sizing- Trade small, trade safe.

Effective Trading Plan- Make sure your plan works, and/or makes money.

Cutting Losses Short- Enter a trade that offers a small loss.

Letting Winners Run- Don’t kill your winners.

Curbing Your Emotion- This is a bi product of trading small.

Long: My rules

Short: My emotion

Update: If you took any part of this post personal, don’t. You know I am not in the business of attacking, just trying to get a message across. If I were mad, I wouldn’t have addressed it at all.. When all else fails, “Fresh Tactics.”

Go to top