Real happiness lies in gratitude.


QURAN IN ENGLISH - The most important book that everybody should read.

Tuesday 26 October 2010

Safety Rules

These are safety rules. Enough of trading rules that I don't follow :-)

1)  2 Type of tradings - trailing stops for trending  and simple bracket for sideways. Use Moving average to determine which is which. Line can be used to determine strength of structures...However, chart setup patterns are the same  : 'Stepping stones' (OHLC) and "Broken Dam SU1" (MA)

2) If I made mistake in LIVE trading , stop immediately and dont go to SIM and then back to LIVE. Try another day

3) Use printer

4) Calm the mind before trading

No comments:

Post a Comment

Note: only a member of this blog may post a comment.