1
TRADEs WITH THE TRENDs "TRENDs IS YOUR FRIENDs".
2
DON'T ENTER AT THE OPENING BELL. WATCH THE TREND AND ENTER.
3
BE PATIENT. DON'T OVERTRADE
4
LET YOUR PROFIT RUN; CUT YOUR LOSSES.
5
TRADING WITHOUT STOPLOSS IS LIKE DRIVING A BUS WITHOUT BRAKE.
6
NEVER SPECULATE WITH THE MONEY YOU NEED TO LIVE.IF YOU CAN'T AFFORD A POSSIBLE LOSS, STAY OUT OF THE MARKET.
7
ONE WAY TO WIN IN THE MARKET IS TO AVOID DOING WHAT MOST OTHERS ARE DOING.
8
WHEN OPINION IN WALL STREET ARE TOO UNANIMOUS-BEWARE! THE MARKET IS FAMOUS FOR DOING THE UNEXPECTED.
9
BE PLIABLE AT ALL TIMES, BUT DON'T OVER TRADE. PLAN EACH CAMPAIGN CAREFULLY, AND NEVER BLAME THE TAPE FOR ANY ERROR YOU MAY MAKE.
10
WHATEVER IS HARD TO DO IN THE MARKET IS GENERALLY THE RIGHT THING; AND WHATEVER IS EASY IS USUALLY THE WRONG THING TO DO.
11
YOUR TO DAY 2 TREND FAIL? YOU EXIT ONE DAY ON THE MARKET
12
NEVER HEDGE. IF YOU ARE LONG OF ONE COMMODITY AND IT STARTS TO GO DOWN, DO NOT SELL ANOTHER COMMODITY SHORT TO HEDGE IT. GET OUT AT THE MARKET;TAKE YOUR LOSS AND WAIT FOR ANOTHER OPPORTUNITY
13
WHEN YOU WIN, DON'T GET RECKLESS; PUT YOUR WINNING IN THE BANK FOR A WHILE.
TRADEs WITH THE TRENDs "TRENDs IS YOUR FRIENDs".
2
DON'T ENTER AT THE OPENING BELL. WATCH THE TREND AND ENTER.
3
BE PATIENT. DON'T OVERTRADE
4
LET YOUR PROFIT RUN; CUT YOUR LOSSES.
5
TRADING WITHOUT STOPLOSS IS LIKE DRIVING A BUS WITHOUT BRAKE.
6
NEVER SPECULATE WITH THE MONEY YOU NEED TO LIVE.IF YOU CAN'T AFFORD A POSSIBLE LOSS, STAY OUT OF THE MARKET.
7
ONE WAY TO WIN IN THE MARKET IS TO AVOID DOING WHAT MOST OTHERS ARE DOING.
8
WHEN OPINION IN WALL STREET ARE TOO UNANIMOUS-BEWARE! THE MARKET IS FAMOUS FOR DOING THE UNEXPECTED.
9
BE PLIABLE AT ALL TIMES, BUT DON'T OVER TRADE. PLAN EACH CAMPAIGN CAREFULLY, AND NEVER BLAME THE TAPE FOR ANY ERROR YOU MAY MAKE.
10
WHATEVER IS HARD TO DO IN THE MARKET IS GENERALLY THE RIGHT THING; AND WHATEVER IS EASY IS USUALLY THE WRONG THING TO DO.
11
YOUR TO DAY 2 TREND FAIL? YOU EXIT ONE DAY ON THE MARKET
12
NEVER HEDGE. IF YOU ARE LONG OF ONE COMMODITY AND IT STARTS TO GO DOWN, DO NOT SELL ANOTHER COMMODITY SHORT TO HEDGE IT. GET OUT AT THE MARKET;TAKE YOUR LOSS AND WAIT FOR ANOTHER OPPORTUNITY
13
WHEN YOU WIN, DON'T GET RECKLESS; PUT YOUR WINNING IN THE BANK FOR A WHILE.