Saturday, July 9, 2011

There are No Rules, Only Edges | Trading University Daily

There are No Rules, Only Edges | Trading University Daily

  • When it comes to trading there are no absolutes.
  • Try to put a rule on something that moves and the natural reaction is rebellion.
  • If you can’t fit your trading plan on a small piece of paper you’re overcomplicating it. 
  • Less “factors” are better than more. Simplify, simplify, simplify. 
  • If the price pattern is up, buy a dip, if the pattern is down, sell a rally.