In lieu of posting my New Year’s resolutions, I thought I would revisit my Top 10 Trading Commandments. I like reading this list every so often, because it is when we lose focus of these principles that we make mistakes, costly mistakes.So here they are:1. Discipline trumps conviction. Don’t let your bad trades turn into investments.2. Perception is reality in the market. Adapt your style to the market; and learn to accept the market as it is, not how you wish it was.3. Play great defense, not great offense. Opportunitie[...]
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[Source: The Money Blogs]
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