Pages

Tuesday, September 1, 2009

Golden Rules


1. Always do your analysis before trading.

2. Always have a clear and reasonable idea of your objective. 

3. Never trade on emotions or other people’s forecasts. 

4. Buy at support and sell at resistance. 

5. Always trade with “STOP LOSS”. 

6. Never hold a losing position over night without SL. 

7. Never add to a losing position. 

8. Never risk more than 5 % of your trading capital on one trade. 

9.If you are breaking any of the above rules …STOP TRADING…

because you are out of control

0 comments:

Post a Comment