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  #1  
Old 7th December 2007, 04:28 PM
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Default Trading Rules

What are some of the rules a trader is supposed to follow?

1) Cut your losses. (How much?)

2) Follow the trend (trend is your friend).
Thing is how do you define the trend? A daily chart may be up but a 30 minute chart may be bearish....so do you go long or short?

3) Take your profits. (When? When do you determine to take your money and run?)

4) What to do if different indicators tell different things?


5) At what point, can a trader tell whether he/she is blindly gambling and not trading?
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  #2  
Old 7th December 2007, 04:37 PM
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Default Re: Trading Rules

Quote:
Originally Posted by traderwiz View Post
What are some of the rules a trader is supposed to follow?

1) Cut your losses. (How much?)

2) Follow the trend (trend is your friend).
Thing is how do you define the trend? A daily chart may be up but a 30 minute chart may be bearish....so do you go long or short?

3) Take your profits. (When? When do you determine to take your money and run?)

4) What to do if different indicators tell different things?


5) At what point, can a trader tell whether he/she is blindly gambling and not trading?
1 > till what time u hang over in the dealing room aftr 3.30 pm.
2> till the trend follows u.
3> till u have issued todays cheque to ur broker.
4> stop TA & become an invstr till mkt makes u aN OUTVESTER.
5> till ur broker tells u that ur cheque issued ystrday has BOUNCED........
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  #3  
Old 7th December 2007, 06:23 PM
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Default Re: Trading Rules

Quote:
Originally Posted by sudoku1 View Post
1 > till what time u hang over in the dealing room aftr 3.30 pm.
2> till the trend follows u.
3> till u have issued todays cheque to ur broker.
4> stop TA & become an invstr till mkt makes u aN OUTVESTER.
5> till ur broker tells u that ur cheque issued ystrday has BOUNCED........
Oflate you have started talking really wisely, u seem to be a good experienced trader.

Why do u waste your time in junk threads
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  #4  
Old 7th December 2007, 06:33 PM
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Default Re: Trading Rules

As long as I see sudoku sort of blokes around, this forum energize me!
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  #5  
Old 7th December 2007, 07:51 PM
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Default Re: Trading Rules

Hey... this is no junk thread. If u want, we can change it into junk bond thread. :-)
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