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Rules of Trading (incomplete)

 
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arthur
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PostPosted: Sun Dec 18, 2005 12:29 pm    Post subject: Rules of Trading (incomplete) Reply with quote

There are many successful trading rules. I've listed three, which I'll expand and add upon on a later date.

1) Waiting--When you wait for excellent opportunities, they'll eventually show up. The great trader Jesse Livermore stated "I made more money sitting than thinking."

2) Overtrading--Making too many trades will lead to lower returns, particularly in a low volatility market.

3) Strategies--Anticipate all the possibilities, i.e. benefits, consequences, and options, regarding your trading.
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