Saturday 18 May 2013

MY TRADING RULES.

1) Never trade with borrowed money.

2) Only trade with the money you can afford. ( eg. money locked up in FD )

3) Trade with a plan. ( plan your trade and trade your plan ).

4) Dont put all your eggs in a basket.

5) Spread your risks.( for trading purposes,average 10 trades or more )

6) Roll your capital ( when 1 of your trades show you a nice profit,take it )

7) Time management.( how long it takes you to double your capital,eg:

    having an average gains of  8% a month,it will takes you 9 mth to double it )

8) Having a proven time tested trading strategy.



( Just my thoughts )

No comments:

Post a Comment