12 Power Laws for a Trader
12 Power Trading Laws of Larry Benedict USD395 Million Trading Lesson PSYCHOLOGY RULES : Law#1 Don't Force a Trade Law#2 If you are dealing with personal problems, stay away from the market Law#3 The market will be here tomorrow... walk away if you need to. Law#4 The market can stay irrational longer than you can stay solvent Law#5 Focus on a small number of High Conviction Trades* * Avoid Low conviction trades at all costs * Keep yourself under 5 positions at any one time. RESEARCH RULES : Law#6 Only trade markets you have thoroughly researched and follow Law#7 Trade your time frame Law#8 Watch Price Action Like a Hawk Law#9 Study and Learn from your mistakes TECHNIQUE RULES : Law#10 Average in on winning trades and increase your winners Law#11 Don't put on too large a position Law#12 You don't need to "Trade the Trend" To know more about Larry Benedict you can visit his website https://opportunistictrader.com/ You can watch the video by regist