My trading Rules

> Be patient—wait for the opportunity.
> Trade on your own ideas and style.
> Never trade impulsively, especially on other people's advice.
>Don't risk too much on one event or company.
> Stay focused, especially when the markets are moving.
> Anticipate, don't react.
> Listen to the market, not outside opinions.
> Think trades through, including profit/loss exit points, before you
put them on.
> If you are unsure about a position, just get out.
> Force yourself to trade against the consensus.
> Trade pattern recognition.
> Look past tomorrow; develop a six-month and one-year outlook.
> Prices move before fundamentals.
> It is a warning flag if the market is not responding to data correctly.
> Be totally flexible; be able to admit when you are wrong.
> You will be wrong often; recognize winners and losers fast.
> Start each day from last night's close, not your original cost.
> Adding to losers is easy but usually wrong.
>Force yourself to buy on extreme weakness and sell on extreme
strength.
> Get rid of all distractions.
> Remain confident — the opportunities never stop.

Happy Trading :)

teejay...