Maybe someone will be interested in reading my thoughts, ideas and notes from when I first started trading on NYSE. I wrote down notes and rules for myself and re-read them before.
- Read the rules every day
- EVERYDAY, WEEK, MONTH NET-ohm in positive territory close,
- Always analyze yesterday's trades
- Trade with 10 10
- Search and enter current in the best options
- be sure to use a protective stop
- cut losses and make profits rast.
- Increase position in the direction of movement on pullbacks
- Trade with the trend
- Buy on 1 hae and sell on 1 bottom
- Buy on support, sell on resistance
- Wait for closing 5 minute candles
- Don't catch up with stacks
- Don't enter the level
- Move positions to breakeven
- Trade by ticks , not against them
- Bulls live higher 200, in a day, bears live below.
- Large volume kills motion
- Maintain a positive infusion regardless of losses.
- Constantly level up goals.
- Always be calm, persistent and consistent, act rationally
- Never cancel a stop after placing.
- Never enter the market because, that tired of being out of the market. Be out of position – this is also a position.
- Don't get in and out of the market too often. DO NOT INCREASE VOLUME !!!!
- Study each loss to improve your knowledge of the market.
- The most important element of successful trading – this is me.
- Always follow predefined rules.
- DO NOT allow unprofitable trades to undermine , take a break do not trade for half an hour if it doesn’t go
- FOLLOW YOUR PLAN
- They, who darken with loss, will definitely miss the next opportunity, which is likely to be profitable.
- The key to successful trading – self-study.
- Treat losses as a step towards victory.
- Got a loss? Forget about it quickly. Got profit? Forget about it even faster. Don't let selfishness and greed get in the way of thinking clearly and working hard..
- If the market does not, what did I expect from him – get out of the market.
- Never add to a losing position. Losing position means, that i'm wrong
- Do not try to predetermine profit.
- Beware of opening too large positions, which can affect emotions.
- Believe in yourself and in your ability to reason well, if you want to win this game.
- If the ship sinks, don't hesitate – jump off!
- Keep an eye on the moves
- Find a trend and follow it
- Always be a student and keep learning.
- Control your emotions
- Don't let trading results influence decisions, accepted for the following transactions
- The appraisal process should take place after and before the trading day., but not during it .
- Don't make impulsive decisions
- Look from the outside at the share
- FIX THE PROFIT
- Close losses and hold profits.
- look for the final answers only in yourself
- make independent decisions , to find the correct answer, they should be looked for within oneself.
- Flow – optimal condition for a trader. It's worth experiencing
- Enter movements at least 20C
- Trade by 200 shares or more
- Don't look for quick money
- Calm current calm
- “Do not take any liberties when you leave: Everytime, when you open a deal, set the stop loss price and let it stay, even if you think, what stock скоро развернется в вашу сторону. “
- Track, what happens to each stock after the release
- I like to make a lot of money
- Do not rush and do not slow down
- I can and will trade better
- winning traders – more flexible
- Winning traders are driven by strong incentives to achieve their goals.
- Successful traders are disciplined, calm and rational.
- Don't allow such emotions, how fear or greed influence your decisions
- develop clear trading plans and follow them.
- DO NOT act on impulse
- I will make a profit for a good trade
- Concentrate on the deal
- Do not be lazy
- Don't be ashamed of losses , but don't rejoice at the profit, just earn
- Keep the specifics of your trading activities to yourself.
- Winning trader won't be too proud. He is humble and does not try to compete with others..
- The winning trader competes with himself.
- Don't compare yourself to others
- Improve results
- Risk 1 to 3 minimum !!!
- Do not commit 2 consecutive unprofitable transactions and generally in – do not close
- See diaries
- Always play meaningful bets
- Resist the temptation to diversify
- Never try to save bad trades by averaging.
- EXPERIENCE THE PASSION FOR TRADE