Trade with Action

 Trading Journal Basic and important rules to follow for traders and investors. Rule No.1 Decide that you are in market for long hault , that is you want to be a trader even 20 years from now. Rule No.2 Learn as much as you can Read and listen to experts , but keep a degree of healthy Scepticism about everything . Ask questions and do not accept experts at their word. Rule No.3 Don't be greedy and rush to trade , take your time and learn. The market will be there offering you more & more opportunities in the coming months. Rule No.4 Develop a method for analyzing the market that is If A happens , B is likely to happen.        Market have many dimensions use several analysis methods to confirm trades. Test everything on historical  data & then the markets using real money. Rule No.5 Develop a money management plan. Your first goal must be a long term survival , second goal is to maintain a steady Consistent growth of capital & third goal is makin...