Besides Laddering IN and OUT, here are Haejin’s other Trading Parameters
- Buy what the crowd hates! This will help prevent you from herding.
- Never empty the wallet into a single trade! Even with laddering, you will crumble to emotional distress if price goes against you!
- Market makes the news and never the other way around. Know this and understand this!
- NEVER short a bull market!! Your account will go to ZERO!
- NEVER trade on MARGIN! Your account will go to ZERO!
- Always FOLLOW THE TREND!! First, identify the trend, then trade in its direction. Trend is your friend!