The Wheel of Success

The following 25 Rules of Trading diciplines:

1. The market pays you to be disciplined
2. Be disciplined every day, every trade, and the market will reward you. But don't claim to be disciplined if you are not 100 percent of the time
3. Always lower your trade when you're trading poorly
4. Never turn a winner into a looser
5. Your biggest looser can't exceed your biggest winner
6. Develop a methodology and stick with it. Don't change methodologies from day to day
7. Be yourself. Don't try to be someone else.
8. You always want to be able to come back and play again next day
9. Warn the right to trade bigger
10. get out of your looser.
11. The first loss is the best loss.
12. Don't hope and pray. If you do, you will loss.
13. Don't worry about news. It's history
14. Don't speculate. if you do, you will loss.
15. Love to lose money.
16. If your trade is not going anywhere in a given time frame, it's time to exit.
17. Never take a big lose. Only big lose can hurt you
18. Make a little bit everyday. Dig your ditches. don't fill them in.
19. Hit singles, not home run.
20. Consistency builds confidence and control.
21. learn to sweat out (Scale out) your winners.
22. Make the same type of trades over and over again - be a bricklayer.
23. Don't over analyze. Don't procrastinate. Don't hesitate. If you do, you will lose.
24. All traders created equal in the eyes of the market.
25. It's the market itself that wields the ultimate scale of justice