Here are my 10 Golden Trading Rules that every trader needs if they want to be successful.
Thanks for stopping by and every success in the future.
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10 thoughts on “The 10 Golden Trading Rules”
Sometimes the rules seemed dull and boring to a lot of traders who want the rush and the adrenaline of trading. The reality is, if you're going to be successful at trading you are going to use these rules. There is no other way that I have seen a trader be successful unless they're incorporating the discipline that is necessary to put you ahead of the pack.
Thank you for your comments, and every success to you in the future.
P.S. You are living in a beautiful part of the world. I really enjoyed Penang.
It's the same rule all over again..
Yet so so so (can't emphasize enough) important to be sucessful in trading.
I wish I had a hold of your rules early 2008. I would have gain a lot of money instead of losing it back.
Thanks again for the timely reminder- we'll need it.
From Penang, Malaysia.
Dear Mr.Hewison SHALOM,I could'nt get a better advice even from my own father, to you and your staf,happy Valentine and stay well,Jay.
I think you can concentrate some of them and re-sort them ;-). I mean:
First and most important rule in trading is keeping alive and safe your capital. This is the key of any good trader. For avoiding any pullback that can destroy you. Then, for me, the last rule you present into this video could be the first or the second one. Capital and risk management is really important. 2 and 3 are included here.
Then, you need to get into action ... that's why you need your system, to win money but when the shot is not right, the previous one keep you alive.
Trading wiht the trend, etc are included into your embedded rules into the system, etc.
Overall discipline is a must
I hope this helps.
First let me thank you for your comment. You can rearrange the numbers they are all important but overall as you say discipline is number one.
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concise, logical and true-nice delivery and easy to follow., Thank you, Dean.
Is there a way for members to save their favorite blogs in MarketClub?
Thanks. It is what I believe in.
Excellent 10 Commandments of Trading -- Thanks Adam!
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