The single most important factor for me was limiting my trading. When I trade futures I limit myself to three round trips a day. You'd be surprised how many junk trades you make when you do not limit yourself. When you put a limit on yourself you only take the best setups and many times your day is finished before noon.
Rules to live by for a Trader...Trading Rules!!
- Thread starter gimp570
- Start date
The attached is rather specific.
John Carter has an Appendix in one of his books. He list 40 tips for maintaining a professional mind.
His tips and most of the posting are in the same vein.
Rules to live by is a fun thing.
Trading rules may be somewhat different. So is getting to the point of having rules.
I attached two dozen and they also show the interdependance of rules.
It is worth noting that there is a kind of downside for a lot of people who get into trading. When they start and then get involved, they, at first, may not recognize the consequences of what they are doing along their paths.
These consequences do become apparent in how people post, and behave. This is a great thread for bringing these consequences out. Some aspects of these consequences make it hard for communications to occur.
John Carter has an Appendix in one of his books. He list 40 tips for maintaining a professional mind.
His tips and most of the posting are in the same vein.
Rules to live by is a fun thing.
Trading rules may be somewhat different. So is getting to the point of having rules.
I attached two dozen and they also show the interdependance of rules.
It is worth noting that there is a kind of downside for a lot of people who get into trading. When they start and then get involved, they, at first, may not recognize the consequences of what they are doing along their paths.
These consequences do become apparent in how people post, and behave. This is a great thread for bringing these consequences out. Some aspects of these consequences make it hard for communications to occur.
