Trend Follower: From My Diary PostedYesterday Monring 14th July

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Thursday, July 14, 2011

From My Diary PostedYesterday Monring 14th July

The one I posted here yesterday was not complete, only PWR, there were other picks and ELI is right on the money and just started,

http://tracer-tracer.blogspot.com/2011/07/my-diary-posted-this-0530-morning.html

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Tracer's Trading Rules

1. No Set up, No Trade

2. Plan your stops before entering a trade

3. Let you profits run

4. Never argue with the tape

5. As soon as your price move in your favor, increase you stops.

6. Always be on the look-out for danger signals.

7. In a losing streak, take a vacation.

8. In a winning streak, add more.

9. 3 rules you must always follow, 1. cut-losses, 2. cut losses and rule number 3. cut losses.

10. I do not have targets.

11. Keep Learning. The market is constantly changing. No strategy works forever.

By following these rules, you have limited risk and unlimited profit potential.

Thursday, July 14, 2011

From My Diary PostedYesterday Monring 14th July

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