Top 10 Trading Rules

Top 10 Trading Rules :

  1. Never let a winner turn into a loser.
  2. Logic wins; impulse kills
  3. Never risk more than 2% for your trade.
  4. Trigger fundamentally, enter and exit technically
  5. Always pair strong with weak
  6. Being right but being early is wrong.
  7. Know the difference between scaling in, and adding to a loser.
  8. What is mathematically optimal is psychologically impossible
  9. Risk can be predetermined but reward is unpredictable.
  10. NO EXCUSES, EVER!!

Referrence : High Probability Trading Setups (Kathy Lien, Boris Schlossberg)

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