It just came to me... I missed one more secret Never hedge yourself if you are a speculator, unless you are an options trader (and know how to use the option strategies). For speculators there are only 3 positions in the market: Long Short and be out of the Market
Atstrader: What you posted misses the mark by a long shot. First, most of the stuff you posted is not on the mark. Second, you haven't scratched the surface as to what is important.
What I posted is what I think... If you have a different opinion, I would like to hear it... ...and what is important for you, may not be important for me.
Mr Grob, please justify your position. I think Atstrader made some very valid points and I too had some of those items on my list of rules. However, if you think that ...most of the stuff you posted is not on the mark..., then how? I'm sure you have your own set of rules, please share. As for me, most of the rules I follow are the same as Atstrader's.
I am a system trader. These 10 rules we are trying to build into every system that we developed. Since I stopped trading on my own, and only trade 100% automated systems, I become successful We have build more then 300 different systems and market models over last 10 years... just 8 of them are very successful and very consistant...
The market will Fluctuate. It will Fluck up and it will Fluck down. If you're not one with the Flux....you're Flucked.
I'd say: "Flac up" and "tuate down" ... <font class="quo">Quote from Stardust: The market will Fluctuate. It will Fluck up and it will Fluck down. If you're not one with the Flux....you're Flucked. <font>