2008-09-27

Dos and Don'ts when trading

  • "The trick to good trading is to focus on the process rather than the outcome.
    If you do this the outcomes (i.e. P&L) will look after itself."

  • "Manage your risk by trading with the right size stakes.
    This is very important and depends on 2 things - the price of the selection and the size of your trading bank."

  • "Successful traders always think 'What if...?'"

  • "Research any event you plan to trade."

to be continued...

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