Cookie Policy

Welcome, Guest
Username: Password: Remember me

TOPIC: Trading Rules

Trading Rules 21 Oct 2017 12:31 #1

  • Paitech
  • Paitech's Avatar
  • OFFLINE
  • Senior Poster
  • Posts: 826
  • Thank you received: 448
  • Karma: 9
Very very informative
The administrator has disabled public write access.

Trading Rules 20 Oct 2017 14:03 #2

  • Food4Thought
  • Food4Thought's Avatar
  • OFFLINE
  • Senior Poster
  • Posts: 521
  • Thank you received: 1019
  • Karma: 24
1. Wait for the market to confirm your opinion
If you have an idea to buy, do not be too eager to enter as it may not be confirmed immediately and by the time it does you will be tired of waiting (having seen false moves).
Wait until the market confirms the move strongly (even if it means you miss out on a few % at the start)
2. Hope and Fear
“Profits always take care of themselves but losses never do”
Let profits run (ignore FEAR of losing a small profit)
Cut losses quickly (ignore HOPE that they will be recovered – they will get bigger)
3. DON’T ever let speculative trades become investments
Do not hang onto stock just because you have paid for it
4. Never sell a stock because you think it has “risen too high” or buy a stock because it has “fallen too low”
A rising stock is rising for a reason and a falling stock could easily fall much further. NEVER BUY ON REACTIONS or GO SHORT ON RALLIES
5. Never average losses
Never buy a second time if the first trade shows a loss
The administrator has disabled public write access.
The following user(s) said Thank You: Trendfriend
Moderators: remo

Time to create page: 0.055 seconds