good tradings rules

1.Amount of capital to use: Divide your capital into 10 equal parts and never risk more than one-tenth of your capital on any one trade.
2. Use stop loss orders. Always protect a trade when you make it with a stop loss order
3. Never overtrade. This would be violating your capital rules.
4. Never let a profit run into a loss. After you once have a profit, raise your stop loss order so that you will have no loss of capital.
5. Do not buck the trend. Never buy or sell if you are not sure of the trend according to your charts and rules.
6. Trade only in active markets. Keep out of slow, dead ones.
7. Never limit your orders or fix a buying or selling price. Trade at the market.
8. Don’t close your trades without a good reason. Follow up with a stop loss order to protect your profits.
9. Never buy or sell just to get a scalping profit.
10. Never average a loss. This is one of the worst mistakes a trader can make!
11. Never get out of the market just because you have lost patience or get into the market because you are anxious from waiting.
12. Avoid taking small profits and big losses.
13. Never cancel a stop loss order after you have placed it at the time you make a trade.
14. Be just as willing to sell short as you are to buy. Let your object be to keep with the trend and make money.
15. Never buy just because the price of a commodity is low or sell short just because the price is high.
16. Be careful about pyramiding at the wrong time. Wait until the commodity is very active and has crossed resistance levels before buying more, and
until it has broken out of the zone of distribution before selling more.