Trading Rules

Trading rules form the basis of risk management. Here's a sample list of trading rules:

  • HIGH PROBABILITY TRADES ONLY!
  • USE STOP LOSSES AND SET TAKE PROFIT LEVELS!
  • DON’T EXCEED POSITION LIMITS!
  • WIRE DAY’S GAINS INTO ACCOUNT ONCE DAILY PROFIT TARGET HIT!
  • EXIT TRADES IF RISK:REWARD NO LONGER FAVOURABLE!
  • CLOSE ALL POSITIONS BY END OF THE DAY!
  • NO TRADING AFTER 11PM!
  • DON`T TRADE FOR MORE THAN 3HRS STRAIGHT!
  • DON`T TRADE MORE THAN 5HRS A DAY!
  • Leave a Reply