Dennis Gartman's 22 Rules of Trading - Continued ...
Before the long-weekend (for some people anyway) I thought I'd continue on with Dennis Gartman's '22 rules of trading' which I first introduced several months ago:
Number nine on his list - "Trading runs in cycles: some good; most bad. Trade large and aggressively when trading well; trade small and modestly when trading poorly. This is the nature of trading; accept it."
Number twelve on his list - "Keep your technical systems simple. Complicated systems breed confusion; simplicity breeds elegance."
Number seventeen on his list - "Be patient with winning trades; be enormously impatient with losing trades. Remember it is quite possible to make large sums trading if we are right only 30% of the time, as long as our losses are small and our profits are large."
And lastly for today, Dennis' nineteenth trading rule is "Do more of that which is working and less of that which is not."
GB
Number nine on his list - "Trading runs in cycles: some good; most bad. Trade large and aggressively when trading well; trade small and modestly when trading poorly. This is the nature of trading; accept it."
Number twelve on his list - "Keep your technical systems simple. Complicated systems breed confusion; simplicity breeds elegance."
Number seventeen on his list - "Be patient with winning trades; be enormously impatient with losing trades. Remember it is quite possible to make large sums trading if we are right only 30% of the time, as long as our losses are small and our profits are large."
And lastly for today, Dennis' nineteenth trading rule is "Do more of that which is working and less of that which is not."
GB
Labels: Trading
posted by Gordon Bell at
10:56 AM
0 Comments:
Post a Comment
<< Home