25 Rules of Milionaire Traders
1.You must develop discipline. 2.Know why you trade. 3.Don't bet the farm (or the house,either!). 4.Be mentally independent. 5.Walk before you run. 6.Don't place all your money in any single position. 7.Don't let emotions overrule your brain. 8.Set your goal, then trade toward it. 9. Don't change horses in midstream. 10.Don't trade too many markets. 11.Do your homework. 12.Don't follow the crowd. 13.Never add to a losing position. 14.Cut losses short. 15.Let profits run until you have a reason to cash in. 16.When in doubt,wait it out. 17.Be careful when using "Stop Loss" orders. 18.Don't place orders "At The Market". 19.Avoid trading in contract delivery months. 20.Add to your position pyramid style. 21.Be patient. 22.Trade divergences from the "norm". 23.Don't try to pick precise tops and bottoms. 24.Shop the odds. 25.Take an