Important 10 Golden Rules for the Success
Posted by HanaDaddy | Posted in Investment Tips and Ideas | Posted on 07/21/2009
Tags: market, rules, stock, trading
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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.