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Buy1Sell2
 

Registered: Jan 2006
Posts: 8117

 

07-06-12 02:52 PM

There is but one correct method of trading for the retail trader.

1. Keep losses small. (Never risk more than 2% of Total Liquid Net Worth on any one trade/idea.)

2. Let winners run using stops outside the noise.

3. Keep commissions small

4. Don't scale in or scale out.






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ocean5
 

Registered: Feb 2012
Posts: 934

 

07-06-12 02:57 PM

uh?

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Buy1Sell2
 

Registered: Jan 2006
Posts: 8117

 

07-07-12 12:31 AM

These 4 points are essential.

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Wide Tailz
 

Registered: Sep 2011
Posts: 1515

 

07-07-12 12:44 AM


Quote from ocean5:

uh?



Good advice.

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SamGold
 

Registered: May 2012
Posts: 2

 

07-07-12 10:59 AM

The only correct method for winning at golf is to shoot more birdies and eagles.

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ocean5
 

Registered: Feb 2012
Posts: 934

 

07-07-12 11:05 AM


Quote from Buy1Sell2:

There is but one correct method of trading for the retail trader.

1. Keep losses small. (Never risk more than 2% of Total Liquid Net Worth on any one trade/idea.)

2. Let winners run using stops outside the noise.

3. Keep commissions small

4. Don't scale in or scale out.









These 4 rules of yours are from the Stone Hedge fund

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