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