full time traders - trading for a living, page-20

A few "rules" to remember:

1. Do not mistake a rising market for brains (I think John Kenneth Galbraith said that, but I might be wrong).

2. The trend is your friend, until it ends.

3. In every year, there is a Factor X (from left field) - be prepared for the unexpected.

4. The difference between illusion and reality - never the twain shall meet (Mark Twain).

5. A fool and his money are soon parted.

6. Read about Mr Market from Warren Buffett.