Rules to live by for a Trader...Trading Rules!!

Discussion in 'Trading' started by gimp570, Jul 10, 2007.

  1. I check on my current, and future potential swing trades.
     
    #31     Jul 11, 2007
  2. dhpar

    dhpar

    fair enough - but what I tried to say is that the list of DON'Ts is often different for different people and conditioned on their individual experience (and their trading style).
    For instance people often say "do not add to losers" - not necessarily a good advice under all circumstances....etc etc
     
    #32     Jul 11, 2007
  3. There is only one rule... take no prisoners
     
    #33     Jul 11, 2007
  4. dhpar

    dhpar

    I like that - so maybe I was wrong after all :cool:
    This one should be universal
     
    #34     Jul 11, 2007
  5. #1 rule: don't blow up
     
    #35     Jul 11, 2007
  6. minmike

    minmike

    Never follow anyone else's rules. I violate about half of the rules put up there and I am profitable. Other peoples rules can only be suggestions until you decided that they work for you.

    Suggestion #1 trade as small as you can that you will still care about.

    Suggestion #2 (Works for any business) Keep costs down.
     
    #36     Jul 11, 2007
  7. Ansare

    Ansare

    The bad news is you're a moron.

    The good news is you're a very funny moron.

    Ansare
     
    #37     Jul 11, 2007
  8. Ansare

    Ansare

    Wow, that was really, really deep. No, seriously.
     
    #38     Jul 11, 2007