Dark Theme
Light Theme
Trading Articles
Article Categories
Article Tools
Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to
register in order to view the content of the threads and start contributing to our community.
It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Updated February 27, 2020
Top Posters
looks_one
Big Mike
with 7 posts (2 thanks)
looks_two
baruchs
with 4 posts (0 thanks)
looks_3
trendisyourfriend
with 2 posts (3 thanks)
looks_4
whatnext
with 2 posts (0 thanks)
Best Posters
looks_one
iqgod
with 6 thanks per post
looks_two
mattz
with 5 thanks per post
looks_3
Itchymoku
with 4 thanks per post
looks_4
karoshiman
with 1.5 thanks per post
trending_up
27,697 views
thumb_up
51 thanks given
group
33 followers
forum
52 posts
attach_file
0 attachments
February 27th, 2013, 01:21 AM
Manta, Ecuador
Site Administrator Developer Swing Trader
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,524 since Jun 2009
Thanks Given: 33,276
Thanks Received: 101,753
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
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
February 27th, 2013, 02:55 AM
Israel
Experience: Intermediate
Platform: NinjaTrader
Broker: pfg
Trading: eminis
Posts: 323 since Jun 2009
1. Diversification
2. I proved it in another thread
February 27th, 2013, 02:55 AM
New York, NY
Experience: Beginner
Platform: Vanguard 401k
Broker: Yahoo Finance
Trading: Mutual funds
Posts: 1,152 since Jul 2012
Thanks Given: 784
Thanks Received: 2,686
- What is the single most important rule of trading?
There is no free lunch.
February 27th, 2013, 03:13 AM
Manta, Ecuador
Site Administrator Developer Swing Trader
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,524 since Jun 2009
Thanks Given: 33,276
Thanks Received: 101,753
baruchs
1. Diversification
2. I proved it in another thread
Give a link.
Sent from my Nexus 4
February 27th, 2013, 03:14 AM
Manta, Ecuador
Site Administrator Developer Swing Trader
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,524 since Jun 2009
Thanks Given: 33,276
Thanks Received: 101,753
baruchs
1. Diversification
2. I proved it in another thread
Why?
Sent from my Nexus 4
February 27th, 2013, 03:14 AM
Manta, Ecuador
Site Administrator Developer Swing Trader
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,524 since Jun 2009
Thanks Given: 33,276
Thanks Received: 101,753
artemiso
- What is the single most important rule of trading?
There is no free lunch.
See post 1. Why?
Sent from my Nexus 4
February 27th, 2013, 04:01 AM
Hong Kong
Experience: Intermediate
Platform: NinjaTrader, TWS
Broker: IB/Kinetick
Trading: ES
Posts: 236 since Jan 2012
Thanks Given: 132
Thanks Received: 340
1. Do not lose money.
2. No money no trade.
February 27th, 2013, 04:15 AM
Israel
Experience: Intermediate
Platform: NinjaTrader
Broker: pfg
Trading: eminis
Posts: 323 since Jun 2009
February 27th, 2013, 06:50 AM
Milan (I)
Experience: Advanced
Platform: Ninjatrader
Broker: Kinetick
Trading: FDAX,6E,CL,YM,NQ,ES
Posts: 1,648 since Oct 2010
Thanks Given: 1,215
Thanks Received: 2,090
1) Understand what you are doing
2) To stay longer in the game
Last Updated on February 27, 2020