My fellow punters.....I posted my 10 Trading Commandments earlier on the DT thread. I don't often give away any of my secrets.....But given my run from heaven of late...I decided it was time to give a little back.
Trade well my friends...it's a jungle out there
TIMBOS 10 TRADING COMMANDMENTS
1) Have STOPs for EVERY trade
2) Cut losers quick, lightening quick
3) Don't be greedy
4) Use the 2% rule for each trade religiously
5) Buy 50% of your planned parcel on entry, only add the 2nd 50% once you receive a 2nd buy signal. Position sizing is key for longevity
6) Profit is made at purchase
7) If momentum slows, sell
8) Keep 50% of your PF in cash at EOD in uncertain times
9) Volume on breakout is critical
10) remember - I am the King of HC - only joking :)
