Nineteen Trading Rules for Greater Profits
Psychological Management
Rule 1. When in Doubt, Stay Out
Rule 2. Never Trade or Invest Based on Hope
Rule 3. Act on Your Own Judgment or Eise Absolutely and Entirely on the Judgment of Another
Rule 4. Buy Low (into Weakness), Seil High (into Strength)
Rule 5. Don't Overtrade
Rule 6. After a Successful and Profitable Campaign,Take a Trading Vacation
Rule 7. Take a Periodic Mental Inventory to See How You Are Doing
Rule 8. Constantly Analyze Your Mistakes
Rule 9. Don't Jump the Gun
Rule 10. Don't Try to Call Every Market Turn
Money Management
Rule 11. Never Enter into a Position without First Establishing a Risk Reward
Rule 12. Cut Losses, Let Profits Run
Rule 13. Place Numerous Small Bets on Low-Risk Ideas
Rule 14. Look Down, Not Up [ Always first check probable down side not only up]
Rule 15. Never Trade or Invest More Than VOM
Rule 16. Don't Fight the Trend
Rule 17. Wherever Possible, Trade Liquid Markets
Rule 18. Never Meet a Margin Call
Rule 19. If You Are Going to Place a Stop,Put It at a Logical, Not Convenient, Place
Rule 1. When in Doubt, Stay Out
Rule 2. Never Trade or Invest Based on Hope
Rule 3. Act on Your Own Judgment or Eise Absolutely and Entirely on the Judgment of Another
Rule 4. Buy Low (into Weakness), Seil High (into Strength)
Rule 5. Don't Overtrade
Rule 6. After a Successful and Profitable Campaign,Take a Trading Vacation
Rule 7. Take a Periodic Mental Inventory to See How You Are Doing
Rule 8. Constantly Analyze Your Mistakes
Rule 9. Don't Jump the Gun
Rule 10. Don't Try to Call Every Market Turn
Money Management
Rule 11. Never Enter into a Position without First Establishing a Risk Reward
Rule 12. Cut Losses, Let Profits Run
Rule 13. Place Numerous Small Bets on Low-Risk Ideas
Rule 14. Look Down, Not Up [ Always first check probable down side not only up]
Rule 15. Never Trade or Invest More Than VOM
Rule 16. Don't Fight the Trend
Rule 17. Wherever Possible, Trade Liquid Markets
Rule 18. Never Meet a Margin Call
Rule 19. If You Are Going to Place a Stop,Put It at a Logical, Not Convenient, Place
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