Four Rules of Trading
Trading is a duel between long and short positions. Don’t be a theorist. Practice will tell the difference!
Several principles from practitioners
First, the trend is king, don’t go against the trend!
Second: attack with a light position, be cautious with a heavy position!
Third: wait and see, wait for the opportunity!
Four: do what you should do and don’t do what you shouldn’t do, and know how to give up some of the market.
Don’t know the current trend, is it rising or falling? Don’t know the support and pressure levels?
Don’t even know what level of buying and selling points are currently running?
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Standardized formula, process replication, rules to follow!
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