Classic trade rules
1. Plan your trades. Trade with on its plan.
2. Record your results.
3. Keep a positive infusion regardless of your loss.
4. Do not take the market home.
5. Raise the level of your goals.
6. Buy with bad news and sell when the good.
7. Do not be afraid to buy high and sell low.
8. Always have a well planned time to study the market.
9. Insulate yourself from the opinions of others.
10. Always be calm, persistent and consistent, rational action.
11. Limit your losses - use stops!
12. Never cancel a stop after you have placed it.
13. Never enter the market because you tired
14. No need to enter and exit the market too often.
15. Traders learn from the losses - not profits. Take advantage of every loss to improve their knowledge of the market.
16. The biggest challenge in trade - not a prediction, and self-control. Successful trading is difficult and often accompanied by negative emotions. The most important element of successful trading - this is you.
17. Always discipline yourself by following predetermined rules.
18. Remember that a bear market may be in one month that you have built in three months the bull market.
19. Do not allow to turn big profits in big loss - put treylling-foot by 20%.
20. You must have a plan, you need to know your plan - and you must follow it.
21. Expect and accept losses with dignity. Those who brood over losses always miss the next opportunity, which is likely to be profitable.
22. Share your profits in half, and never take chances more than 50% of the profits again in the market.
23. The key to successful trading - the study itself.
24. The difference between acquiring the market and lose it not so much natural ability as the ability to responsibly explore its mistakes.
25. Think of the loss as a step toward victory.
26. You have loss? Forget about it quickly. You have received profit? Forget it even quicker. Do not let the selfishness and greed interfere with your clear thinking and hard work.
27. One of the most important secrets of traders - to weigh their desires with the desires of the market. Market - is the truth, because it reflects all the forces fighting in it.
28. It is much easier to enter a trade than to escape from it.
29. If the market does not do that. what you expect - get out of the market.
30. Never add to the losing position. Losing position means that you are wrong.
31. Do not try to predetermine your profits.
32. The key to wealth in trade - simplicity. Avoid methods that you do not understand.
33. Do not be overly curious about the causes, and moved the market.
34. Beware the opening too large positions, which can affect your emotions. Do not be too aggressive in the market. Treat him gently, let your profits grow gradually, rather than an explosion.
35. Do not attempt to identify the peaks and peaks.
36. You have to believe in themselves and their ability of discernment if you want to win in this game.
37. In a thin market, do not try to guess in what direction will the next big move - up or down.
38. In the world of money, no one knows what will happen in the future. Nobody! Therefore, successful traders do not try to put their positions on the basis of what should happen, and react to what has already happened.
39. If the ship sinks, do not hesitate - jump!
40. Lose your ability - but not money. With few exceptions, unusual conditions, get in the habit of using stop-profit. Do not reproach myself if the price continues to grow without you. It is better to think of cases where the prompt profit-taking prevented the loss.
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