Trading Rules

H

high-performance

What are your trading rules?
Trading rules are essential in trading.
Investing rules are essential too.
Rules are essential part of the investing or trading plan

Rules control the trader and investor.

Investing rules could be no buying or investing in companies that are trading under 10 cents. or trading in the OTC markets. etc

My tab in the spreadsheet should have trading rule and only 5 rules

Rules:
never average down
no more than 70% leverage
stops on all trade
maximum 3% loss per trade
no afterhours position if loss

http://www.marketcentral.ca/expectancy/traderecord.xlsx
 
The rule must be quantifiable.
Such as, what is high or low?

ie vix is 80-- cover if short.
vix has never been 80 in the last 50 years. or longer.
there was no vix since options were not legalized til 1970 in the us markets

CALLumbus said:
buy low, sell high
More...
 
high-performance said:
The rule must be quantifiable.
Such as, what is high or low?

ie vix is 80-- cover if short.
vix has never been 80 in the last 50 years. or longer.
there was no vix since options were not legalized til 1970 in the us markets
More...

https://www.spglobal.com/en/researc...-above-80-expect-5-daily-swings-in-the-sp-500

VIX hit 82.69 on Thursday March 16th 2020 but one of my data providers (image below) shows it reached over 83.

:D

Volatility-Index-VIX-Over-80.png


wrbtrader
 
Last edited:
Nr 1 rule?!
If you cannot trade profitable with something easy as the classical technical analysis (for position trading), you should not be trading at all.
 
high-performance said:
The rule must be quantifiable.
Such as, what is high or low?

ie vix is 80-- cover if short.
vix has never been 80 in the last 50 years. or longer.
there was no vix since options were not legalized til 1970 in the us markets
More...
Buy lower, sell higher
 
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