humanu

Saturday, February 21, 2009

Rules to follow in becoming a better trader

Rules to follow in becoming a better trader

Mastering a trading system alone would not however automatically
insulate you from losses. It must always be remembered that the
overriding rule is for one to exercise the required discipline every time,
without compromise. Self-governing rules and regulations must be
strictly enforced via self-discipline, so that you will not break any of
the trading rules laid down and you will not be reckless in your trade
and go into the punter’s mode. Having a system to trade can develop
winning habit and the incisiveness to be committed to trade only if you
are able to find high probability trades and become a better trader.
Here are some of the trading rules that I have set up as my trading
parameters.

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