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Single most important rule of trading


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  #1 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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Two part question:

- What is the single most important rule of trading?

- Why?

If you are going to reply with something along the lines of "trend is your friend", I expect you to be detailed in the 'why' part of the answer.

Extra credit:

- Prove it.

Mike



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  #3 (permalink)
 baruchs 
Israel
 
Experience: Intermediate
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1. Diversification
2. I proved it in another thread

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  #4 (permalink)
 artemiso 
New York, NY
 
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- What is the single most important rule of trading?

There is no free lunch.

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  #5 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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baruchs View Post
1. Diversification
2. I proved it in another thread

Give a link.

Sent from my Nexus 4



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  #6 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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baruchs View Post
1. Diversification
2. I proved it in another thread

Why?

Sent from my Nexus 4



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  #7 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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artemiso View Post
- What is the single most important rule of trading?

There is no free lunch.

See post 1. Why?

Sent from my Nexus 4



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  #8 (permalink)
 RichardHK 
Hong Kong
 
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1. Do not lose money.

2. No money no trade.

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  #9 (permalink)
 baruchs 
Israel
 
Experience: Intermediate
Platform: NinjaTrader
Broker: pfg
Trading: eminis
Posts: 323 since Jun 2009


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  #10 (permalink)
 
redratsal's Avatar
 redratsal 
Milan (I)
 
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