the most important trading rule of all time

the most important trading rule of all time....is


never ever let a trading position break cost....ever...

m

 

So you are saying never average into a larger position?
I bet you are a huge success!

The most important trading rule of all time IMHO is :

"NEVER listen to 95% of the dung posted on this site"!

 

2nd most important rule when in doubt get out.....or see rule one...m

 

Never frown average down...

 

never averge down ever........sell it .....you can always buy it back cheeper.........dont throw good money after bad........m

 

'There are only three rules on investing: first, never lose any money, second, never lose any money, and third, never lose any money.'
Warren Buffet, Berkshire Hathaway

Is this one rule or three rules?

 

....the first cut is the cheapest.

 

no losses ...no losses ...no losses ....not even for 30 seconds on paper..................just refuse to lose........learn to get out faster than when you got in..........never let your position begin to hurt you.....m

 

The 2nd mouse gets the cheese.

 

What you are saying is your entry point is your stop loss point in any trade. You can't have a stop loss point below your entry point. Am I right in making this assumption in regards to your trading rule?