Apr
9

My thoughts, ideas and notes in the first year of trading on the NYSE

Maybe someone will one day be interested in reading my thoughts, ideas and notes when I first started trading on the NYSE. Wrote out a note, and the rules and read them before.

  1. Read the rules of every day
  2. EVERY DAY, WEEK, MONTH NET-Ohm to close in positive territory,
  3. To analyze yesterday’s trades always
  4. Trading s 10 10
  5. To search and include current best options
  6. necessary to use protective stop
  7. to cut losses and make profits grow.
  8. Increase the position while moving a rollback
  9. Trading with the trend
  10. Buy 1 Hae and sell for 1 day
  11. Buy at support, sell at resistance
  12. Wait for the closure of 5-minute candles
  13. Do not catch up with Stuckey
  14. Do not enter a level
  15. Moving to bezubytok position
  16. Trading on the ticks, rather than against them
  17. Bulls live above the 200 day, bears live below.
  18. A large amount of kills movement
  19. Keep a positive infusion regardless of losses.
  20. Continuing to raise the level of goals.
  21. Be always calm, persistent and consistent, rational deystvat
  22. Never cancel a stop after a set.
  23. Never enter the market because they tired of being out of the market. Being out of position – a position also.
  24. No need to enter and exit the market too often. Not to fill VOLUME!!
  25. Take advantage of every loss to improve their knowledge of the market.
  26. The most important element of successful trading – is I.
  27. Always follow the predetermined rules.
  28. Avoid loss-making deals undermine, rest do not sell half hour if not attending
  29. My plan
  30. Those who brood over losses always miss the next opportunity, which is likely to be profitable.
  31. The key to successful trading – the study itself.
  32. Take the loss as a step toward victory.
  33. Received a loss? Forget about it quickly. Profit? Forget it even quicker. Do not let ego and greed
  34. inhibit clear thinking and hard work.
  35. If the market does not do what is expected – exit from the market.
  36. Never add to the losing position. That plays the position means that I’m wrong
  37. Do not try to prejudge profit.
  38. Beware of opening is too large positions, which can affect the emotions.
  39. Believe in yourself and in their ability of reasoning, if you want to win in this game.
  40. If the ship sinks, do not hesitate – jump down!
  41. Watch the Moving
  42. Determine the trend and follow it
  43. Always be a student and keep learning.
  44. Control over their impulses
  45. Do not allow the results of trade to influence the decisions taken for the following transactions
  46. The evaluation process should take place after the trading day, and before him, but not during it.
  47. Do not make impulsive decisions
  48. Look the part in the action
  49. Fix profit
  50. Shut losses and hold profits.
  51. search for definitive answers only a
  52. make independent decisions to find the correct answer, they should look inside themselves.
  53. Flow – the optimum condition for the trader. Its worth to try
  54. Entry into the movement of at least 20C
  55. Trading on 200 shares or more
  56. Do not look for quick money
  57. Calm current calm
  58. “Do not allow yourself any liberties with the output: Every time you open a transaction, ask the price of stop
  59. loss and let it stands, even if you think that the action will soon unfold in your favor.”
  60. Track what happens to each action after
  61. I like making lots of money
  62. Do not hurry and do not hinder
  63. I can and will sell better
  64. winning traders – more flexible
  65. Winning traders driven by strong incentives to achieve the goal.
  66. Successful traders distsiplinirovany.Oni calm and rational
  67. Do not allow emotions such as fear or greed to influence their decisions
  68. develop clear plans for trade and follow them.
  69. NOT act on impulse
  70. For a good deal I will get profit
  71. Concentrate on the transaction
  72. Do not be lazy
  73. Do not be ashamed of losses, but do not rejoice in profit, simply make
  74. Keep especially its trading activities with them.
  75. Winning trader will not be too proud. He’s modest and does not try to compete with others.
  76. Winning trader is competing with itself.
  77. Do not compare yourself with others
  78. Improve outcomes
  79. Risk of 1 in 3 at least!
  80. Do not make 2 consecutive losing trades and in general – not close
  81. Look Dnevka
  82. Always play for meaningful stakes
  83. Resist the temptation to diversify
  84. Never attempt to rescue a bad deal by averaging.
  85. Have a big passion to trade

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