Hi All, These are some trading do's and don'ts which I picked up from a website, hope you find them useful: Trading Rules: Do's • Trade to Make Money - Not for Fun and Games • Concentrate in one asset class or instrucment • Learn Quirks of Other Traders and Brokers • When Initiating a Trade - always get the Edge Buy the Bid - Sell the Offer • When Liquidating a Bad Trade - give up the Edge Hit the Bid - Take the Offer • A Scratch Trade is a Winner • M
A few years back, I went to the Trading Symposium where Nick McDonald was given a presentation. Nick has been featured in many trading journals and founded Trading with Precision. Nick's a self made trader and as he was given his presentation, I was busy scribbling down notes. Well, I've found those notes again, they are starting to look a bit tatty so I thought it's best to put them up somewhere and there's no other place better than the blog here, so here they are: Ok, so here are 10 r
If you've a passing interested in the markets, I'm sure you've heard about Richard Dennis and the Turtle Traders in the 1980s. In a nutshell, he wanted to to prove that trading can be taught so he picked a couple of apprentices and trained them. Richard Dennis proved to be correct, it is possible to teach trading and be successful at it. Well, Mike Baghdady from Training Traders wanted to repeat this feat and in November he set up www.newturtletraders.com with a view to repeating the task
