20 Trader's Golden Rules

At the beginning of my career as a trader, they helped me a lot. : 1. Forget about the news, remember only about the schedule. You are not that smart, to divine, how the news will affect prices. The schedule already contains information, what to expect from the news. 2. Buy on the first pullback from a new high. Sell ​​on the first pullback from a new low. There will definitely be one, who will miss their chance. 3. Buy on support, sell on resistance. Everyone follows the same indicators, what are you, and are waiting for a good moment. 4. Take short positions on a fast rise. But not on mass sales. When the market goes down, short positions are profitable. Always be prepared to close them. 5. Do not buy or sell on moving averages. See paragraph 3.