The Only Rules of Trading That Seem To Live ForeverLittle Trading Rules Aren’t Just Good…They’re Golden
Here’s the 2 Golden Rules To a lifetime of Trading Success:
Here is how you can make trend trading very simple. Decide to follow these two “golden” trading rules and you’ll make trading a lot more fun and most important: PROFITABLE.
1. Always cut your losses short and let the profits run.
2. Utilize a disciplined trend trading system to alert you when and by how much to do #1.
This golden rule of trading is basically an exit strategy that helps you manage your money by controlling the one and only thing you can control: Risk. You need to know when to let go of any given trade as well as when to hold onto a moving trend. Lose short and win big my friend.
So you don’t need to pay attention to those fundamentalists who advise that a your ETF or stock position will “come back around sooner or later” I’ve played that hope and pray propoganda and lost half my account in 3 months. I’ll never believe that again.
Always remember that the trend is truly your friend and the quicker you learn to follow it, the sooner you’ll profit. When it comes to successful ETF trend following, follow these golden rules.
Click here for a free look at a simple ETF Trend Trading course that averages 6.43% per month in less than 10 minutes a night.