Terms of trading? What are the rules?

The next time someone — that will tell you that he can teach you the golden rules of trading, you can laugh in his face, as it would do any of successful and experienced trader. Any really good trader knows that there are no rules relating to trading. Your trade plan comes closest to what might even remotely resemble a set of rules, and that you are the owner. When designing a trading plan, you probably already understand the importance of the plan consistent with your personality.