Principles of Successful Trading.

• Define your loss.
• Believe in yourself and in unlimited market potential.
• Have a well-defined money management program.
• Don't buy price.
• Don't buy tips.
• Don't trade angry or euphoric.
• Trade aggressively at your numbers and points.
• Focus on opportunities.
• Consistently apply your trading strategies and rules.
• Be highly motivated and goal oriented.
• The trend is really your friend.
• When in doubt, stay out.
• Don't overtrade.
• Know how to use orders.
• Never average a loss.
• Take small losses, big profits.
• Have no bias to either side of the market.
• Don't pyramid.
• The crowd is almost always wrong.
• Concentrate on one market.
• Preserve capital.
• Think in probabilities.
• Always trade in a highly positive and resourceful state of mind.
• Act in certainty.
• The market is never wrong.

Your Trading Game Plan

• Rehearse mentally.
• Practice an open, flexible, nondefensive state of mind.
• Practice patience in all things; it will improve your trading.
• Pace yourself physically and emotionally.
• Remember, trading is not about proving something - to yourself or anyone else.
• Condition yourself regularly for trading success.

Winners are not born, they are made.

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