CARDINAL RULES




Cardinal rule 1: trade correctly and follow the system rules and never trade with hope of making big money.

 cardinal rule 2: trade without emotions so set sell stops and make all trades mechanical. 

cardinal rule 3 - trade within your means: follow money management rules, use money you can afford and size positions within your control.

cardinal rule 4: trade with protection - protect capital and protect profit by setting trailing stops. 

cardinal rule 5: trade the trend and long the uptrend or short the down trend - never counter trend.

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