Thursday, October 11, 2007

Trading rules - boost your profit

It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.-WARREN BUFFETT

1. No rule is perfect. Find your own rule which results in success.
2. Trading psychology is as important as technical analysis.
3. Find right time to enter and right time to exit.
4. Learn from your failures. Better to note it down. (yes it will work)
5. Dont play against trend.
6. If you are not sure, dont enter.

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