Trend Follower: Feb. Money Management Reset

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Sunday, February 12, 2012

Feb. Money Management Reset

Sold all positions last week LC and MA and bought new ones.

10% cash

2 comments:

Anonymous said...: Hi... what number were your LC and MA?; February 13, 2012 at 5:25 PM
About tracer said...: No. 2 was LC
No. 7 was LCB
No. 10 MA, now it just zoom :-(
Only probing. DFNN just my luck :-); February 13, 2012 at 5:53 PM

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.

Sunday, February 12, 2012

Feb. Money Management Reset

2 comments:

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