• Don,t Trade at the Edge of the pendulum Swing.

  • Pring's Law.

Pring's law states that , other thing being equal trading success is inversely related to emotional stimulation. The more excited you get, the less likely you are to make money.

  • Only Trade With a Balanced Mindset.

  • Patience and Discipline-Required Ingredients for Successful Trading.

  • Only Trade When You Feel Good, and There is an Obvious Opportunity. 

  • Do Not Trade Merely Because You Want To.
  • If You Get in For a Good Reason, Get Out if it No Longer Remains Valid.
  • Do Not Penny Pinch.
  • Trade Smaller Positions When Things Go Wrong.
  • Not Sure? Do Not Trade.

  • Take Time To Learn.

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