tag:blogger.com,1999:blog-82504127223429444342011-11-27T17:19:23.070-08:00Life w/o "F" is Liehttp://www.blogger.com/profile/06682260235634645227noreply@blogger.comBlogger11100tag:blogger.com,1999:blog-8250412722342944434.post-3199538516981042962009-07-02T00:08:00.000-07:002009-08-04T00:04:34.089-07:00<ol><li><span style="font-family:arial;font-size:130%;">Plan your trades. Trade your plan.</span></li><li><span style="font-family:Arial;font-size:130%;">Keep records of your trading results.</span></li><li><span style="font-family:Arial;font-size:130%;">Keep a positive attitude, no matter how much u lose.</span></li><li><span style="font-family:Arial;font-size:130%;">Don't take the market home.</span></li><li><span style="font-family:Arial;font-size:130%;">Forget your college degree and trust your instincts.</span></li><li><span style="font-family:Arial;font-size:130%;">Successful traders buy into bad news and sell into good news.</span></li><li><span style="font-family:Arial;font-size:130%;">Successful traders are not afraid to buy high and sell low.</span></li><li><span style="font-family:Arial;font-size:130%;">Continually strive for patience, perseverance, determination and rational action.</span></li><li><span style="font-family:Arial;font-size:130%;">Limit your losses - use stops!</span></li><li><span style="font-family:Arial;font-size:130%;">Never cancel a stop loss order after you have placed it!</span></li><li><span style="font-family:Arial;font-size:130%;">Place the stop at the time you make your trade.</span></li><li><span style="font-family:Arial;font-size:130%;">Never get into the market because you are anxious because of waiting.</span></li><li><span style="font-family:Arial;font-size:130%;">Avoid getting in or out of teh market too often.</span></li><li><span style="font-family:Arial;font-size:130%;">The most difficult task in speculation is not prediction but self-control. Successful trading is difficult and frustrating. You are the most important element in the equation of success.</span></li><li><span style="font-family:Arial;font-size:130%;">Always disciline yourself by following a pre-determined set of rules.</span></li><li><span style="font-family:Arial;font-size:130%;">Remember that a bear market will give back in one month wat a bull market has taken three months to build.</span></li><li><span style="font-family:Arial;font-size:130%;">Don't ever allow a big winning trade to turn into a loser. Stop yourself out if the market moves against you 20% from your peak profit point.</span></li><li><span style="font-family:Arial;font-size:130%;">Expect and accept losses gracefully. Those who brood over losses always miss the next oppurtunity, which more than likely will be profitable.</span></li><li><span style="font-family:Arial;font-size:130%;">Split your profit right down the middle and never risk more than 50% of them again in the market.</span></li><li><span style="font-family:Arial;font-size:130%;">The key to successful trading is knowing yourself and your stress point.</span></li><li><span style="font-family:Arial;font-size:130%;">the difference between winners and losers isn't so much native ability as it is discipline exercised in avoiding mistakes.</span></li><li><span style="font-family:Arial;font-size:130%;">Speech may be silver but silence is golden. Traders with the golden touch do not talk about their success.</span></li><li><span style="font-family:Arial;font-size:130%;">Dream big dreams and think tall. Very few people set goals too high. A man becomes what he thinks about all day long.</span></li><li><span style="font-family:Arial;font-size:130%;">Accept failure as a step towards victory.</span></li><li><span style="font-family:Arial;font-size:130%;">Have you taken a loss? Forget it quickly. Have you taken a profit? Forget it even quicker!</span></li></ol><p><span style="font-family:Arial;font-size:130%;"></span></p><p><span style="font-family:Arial;font-size:130%;"></span></p><p><span style="font-family:Arial;font-size:130%;"></span></p><p><span style="font-family:Arial;font-size:130%;"></span></p><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8250412722342944434-319953851698104296?l=nikhillunia.blogspot.com' alt='' /></div>Life w/o "F" is Liehttp://www.blogger.com/profile/06682260235634645227noreply@blogger.com0