Monday, October 27, 2008

Trading Rules

1.Keep records of your trading results.

2. Keep detail record of you entry, exit and stop and write it on the chart .some trader even video their trading to see what mistake they made during trading session.

3.Keep a positive attitude, what ever happened in the last trade or yesterday is past; you can not change it so concentrate on the new trade.

4. Don't take the your trading where ever you go, keep to your self.

5. Successful traders are not afraid to buy new high and sell new low.

6.Successful traders study the markets every day

7.Successful traders isolate themselves from others peoples opinions.

8. Success comes for patience, determination, and rational action


kristel. said...

This is the sort of thing TraderPlanet members would love to read! If you create an account and syndicate your TraderPlanet blog with this one, all your posts would show up in two places instead of one. Just post to blogger like usual but get extra exposure to a network of traders!
After you create a FREE account on, follow these simple steps:

Go to My Planet --> My Blog
Click "Create Blog"
Choose a name and title for the blog
Go to My Planet --> My Blog
Click "Edit"
Click "Plugin"
Click "Activate" to Activate FeedWordPress
Click on "Syndication"
Under "Add a new syndicated site:"
For Blogger and WordPress put in your blog URL

If your using another blogging system you will need the URI of your
RSS feed. This can usually be found on the front page of your blog (as
a link) or by using an RSS reader such as Google Reader or Firefox.
Put this address in the field.

Click "use this feed." If there are more than one option, use the
first feed.
Under the syndication tab, there is an "options" tab. Click this.
Change "Check for new posts" to "automatically"
Set the update interval to 45 minutes
Under syndicated posts there is an option "Permalinks point to:"
Change this field to toggle how post links will redirect (to trader
planet, or to your original blog)

Thanks, hope you enjoy the site!

StockHunter said...

I totaly agree, my rules are very similar and they have helped me a lot.

PRD trader said...

Hi kristel,
ty for your kind information,i will think about it.

Stock hunter,
trading without rules is like gambling with your business,i think what i have learned so far in my trading career is,discipline is the other name of the success.