My Rules: Risk very little Use protective stops Be Patient and Persistent Take small losses, break evens, and small gains. Large gains will come with patience and persistence. Try to get in and stay in a trend
Everyone trades differently. How much of a pullback can you handle? How many losses can you take and still let a winner run? Can you buy a pull back or do you like breakouts? These are personal questions to be answered and acted upon by each individual trader. My rules are more general, but I believe they need to be adhered to in order to be successful. Keep it simple.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.