Keep INVESTING Simple and Safe (KISS) ****Investment Philosophy, Strategy and various Valuation Methods**** The same forces that bring risk into investing in the stock market also make possible the large gains many investors enjoy. It’s true that the fluctuations in the market make for losses as well as gains but if you have a proven strategy and stick with it over the long term you will be a winner!****Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
▼
Thursday, 12 April 2012
10 Golden Trading Rules
1. Have a Game Plan
2. Follow the Game Plan
3. Always trade with Stop Loss to protect your capital
4. Diversify to reduce your risk
5. Filter your trade to capture the Big Moves
6. Trade with the Trend
7. Not to listen to the news (many are planted by traders to affect the market). Listen only to the market.
8. Don't listen to your broker (they have interest in putting money into their own pocket)
9. Money Management
10. Must be Discipline (with your game plan, your stop and your profit taking).
No comments:
Post a Comment