A Few Trading rules To help you develop your own rules!

Hello everyone!

This post is designed to make you reflect about your trading approach. A trader should have principles and rules to be successful.

Read bellow some good rules to inspire you to develop your own set of rules.

1. Nothing new ever occurs in the business of speculating or investing in securities and commodities.
2. Money cannot consistently be made every day or every week during the year.
3. Don’t trust or own opinion and back your judgement until the actions of the market itself confirms your opinion.
4. Markets are never wrong opinions often are.
5. As long as a stock is right and the market is right, do not be in a hurry to take profits.
6. One should never permit speculative ventures to run into investments.
7. Never buy a coin because it has had a big decline from its previous high.
8. Never sell a coin because it seems high price.
9. Never average losses.
10. WISHFUL THINKING SHOULD BE BANISHED!
11. Big movements take time to develop.
12. It is much easier to watch few than many!