1.Price is everything.

2. Ignore the news.

3. Buy a stock when it breaks out of a range.

4. Sell a stock when the trend changes.

5. Buy a stock when it makes a new high.

6. Short a stock when it makes a new low.

7. It’s harder to short stocks than it is to buy stocks.

8. Some stocks trend more than others.

9. Diversify when you can.

10. Ignore the whipsaws.

11. Don’t chase the market.

12. Let your winners run.

13. Cut your losses short.

14. A stock can always go higher and always go lower.

15. Don’t get out before the trend changes direction – look to catch the middle.

16. Trend followers have more losers than winners.

17. 40% is a good percentage of winners for trend following stocks.

18. Put your stops far enough away to allow the trend to develop.

19. Don’t fall in love with a stock.

20. Don’t pick bottoms.

21. Don’t pick tops.

22. Don’t try and predict the market – go with the flow.

23. Follow your signals.

24. Trade small enough you won’t go broke and large enough to make it worthwhile.

25. Compound your returns.

26. Trend following stocks works best with a system.

27. Back-test your system.

28. Don’t forget delisted stocks.

29. Stick to the system.