Your stock trading rules are your money. When you follow the rules you make money. However, if you stop your stock trading rules the most likely outcome is that you lose money.

Once you have a reliable set of stock trading is important to keep in mind. Here is a discipline that can reap benefits. Read the rules before the day begins and also to read the rules when your day ends.

Rule 1: it must follow the rules.

Of course, if you develop a set of rules that must be followed. It is human nature to want to change or break rules and take discipline to continue to act in accordance with the rules.

Article 2: The risk will never exceed 3% of my total portfolio on a stock trade.

There are many old traders. There are many bold traders. But we are never old bold traders. Protect the capital base is critical to the success of stock markets over time.

Rule 3: I cut my losses at 5% to 15% when they are clearly wrong.

Some traders have a lower tolerance for loss. The key point here is to have set points (stop loss) within the limits of your tolerance for loss. Stay informed about trends in stocks and you stick to your stop loss point.

Rule 4: Do not set target prices.

This is a style that let me get the most of growing inventories. Just let the profits run. Realistically, I can not pick tops. Never feel a stock has risen too high too quickly. Be prepared to give a good percentage of the profits, hoping for much more useful.

The big money is made from trading really BIG moves that I can occasionally catch.

Rule 5: Master style.

Keep learning and getting better at this method of trading. Never jump from one trading style to another. Master one style rather than become a media to implement different styles.

Article 6: Both price and volume is my guide.

Do not listen to any opinion about the stock market or individual stocks you are considering or already trade. All this is reflected in the price and volume.

Rule 7: Take all the good signs that show up.

Do not make excuses. If an input signal to show there are no excuses not to take it.

Rule 8: Do not trade intra-day data. There is always change prices during each trading day. Based on these data for commercial impulse can lead to some wrong decisions.

Rule 9: Take time out.

Successful stock trading is not just about trading. It ‘also the emotional and physical strength. Reduce the stress of every day for some time from your computer and work in other areas. A merchant of stress is not long term.

Rule 10: Be a dealer of above average.

In order to succeed in the stock market is not necessary to do something exceptional. You simply need to not do what the average trader. The average trader is inconsistent and undisciplined. Ask yourself every day, “Did I follow my way today?” If your answer is no, you are in trouble and it’s time to go back to your stock trading rules.

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