- Divide your capital into 10 equal risk parts.
- Never over trade.
- Never place order for BUY/SELL without stop loss conditions.
- Never let profit turn into loss.
- Trade with the trend.
- Never take lead you may lose heavily.
- Never try to be over smart.
- Don’t trade if trend not clear
- Don’t follow tips only.
- Use the right orders only.
- Withdraw portion of profits.
- Don’t be whimsical about closing your trades.
- Never buy a stock to get dividend.
- Never average your losses.
- Take big profits and small losses.
- Sell short as often as you go long.
- Never buy any stock just it is low priced.
- Pyramid your trades correctly.
- Decrease your trading after a series of successful trades.
- Don’t change your opinions during market hours.
- Don’t follow the crowd – they are usually wrong.
- Buy on rumor and sell on news.
- Take windfall gains when you get.
- Keep your charts up to date.
- Preserve your capital.
- Nothing ever new occurs in market.
- Markets are never wrong opinion may be.
- Never permit speculative ventures to turn into investments.
- Never try to predetermine your profits.
- Never buy a stock just because it is low priced or don’t sell just because it is high priced.
- Look for reasonable profits.
- Buy as soon as a stock makes new highs after a normal reaction.
- Ban wishful thinking in the market.
- Leaders of today may not be leaders of tomorrow.
- Don’t be too cautious about reasons behind the moves.
- Trade only the active stocks.
- Bear markets have no support and bull markets have no resistance.
- The smarter you are the longer it takes.
- It is very hard to get out of a trade than to get in.
- Don’t talk about what you are doing in the market.
- When time is up, markets must reverse.
- Control what you can; manage what you cannot.
- Big movements take time to develop.
- A good trade is profitable right from the start. If you cannot make money trading the leading issues you cannot make it trading the overall market.
- Avoid partnership in trading accounts.
- The human side of every person is the greatest enemy of successful trading.
- Money cannot be made every day in the market.
- As long as market is acting right don’t rush to take profits.
- Never buy a stock just because it has fallen from a great high, nor sell a stock because it is high priced.
http://futurebasedinvestment.com/trading-mantra/
