drbubb Posted January 5, 2007 Report Share Posted January 5, 2007 THE FIVE RULES of Successful Trading : First Mention of these RULES, for the world-in-general, was on... Commodity Watch Radio's 2nd broadcast: http://www.minesite.com/webcasts/commodity_watch_radio.html #1: Everyone's a Genius in a Bull Market - So find a Bull Market (Like commodities - and precious metals stocks in particular.) #2: Trade as if ... Anything Can Happen (Keep one eye on the exit, in case events unfold in an unexpected way) #3: The Market rewards Humility, and Punishes Hubris (Be open minded to others ideas, and remember when you think you can do "no wrong", you are probably set-up to do your biggest and worst trades.) #4: Exploit Cross-Market Intelligence (You can get clues of what may come to the markets you are trading, by watching other markets, and understanding the cross-market influences.) #5: When it Doubles, Sell half (That is, sell if the volume is flagging. You can hang on, if volume continues strong) = = = SOME RELEVANT LINKS: Cross-market charts, FS : http://www.financialsense.com/Market/intermarket.htm Stockchart, x-mkt charts : SPX/xeu : SPX/TLT : SPX/Gold : Gold/WTIC : Gold/xeu : Favorite chart links........ : coming Link to comment Share on other sites More sharing options...
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