Trading Rules? Do you use them?

Discussion in 'Trading' started by erik123, Dec 24, 2006.

Do you use trading rules?

  1. Yes all the time.

    16 vote(s)
    72.7%
  2. No never

    0 vote(s)
    0.0%
  3. Sometimes

    6 vote(s)
    27.3%
  1. erik123

    erik123

    Reading a lot of books lately on trading, and I sometimes get the feeling its "do as I say not as I do".

    Especially when it comes to news trading, and other types of trades that are quick.
     
  2. galiano

    galiano

    Too general; which rules are you referring too?

    1) Entry rules
    2) Exit rules
    3) Money managment rules
    4) Scheduled news reports/earnings/speeches/etc) rules
    5) Event (terrorism/earthquakes/assassinations/etc) rules
    6) Personal state-of-mind (hangover/sickness/death of family member/etc) rules

    For me, state-of-mind, money management, and news rules are ALWAYS. Entry and event rules are MOST OF THE TIME. Exit rules are SOMETIMES.

    Happy Holidays.