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Trading Tidbits

10/18/2018 10:00

Besides Laddering IN and OUT, here are Haejin’s other Trading Parameters

 

  1. Buy what the crowd hates! This will help prevent you from herding.
  2. Never empty the wallet into a single trade! Even with laddering, you will crumble to emotional distress if price goes against you!
  3. Market makes the news and never the other way around. Know this and understand this!
  4. NEVER short a bull market!! Your account will go to ZERO!
  5. NEVER trade on MARGIN! Your account will go to ZERO!
  6. Always FOLLOW THE TREND!! First, identify the trend, then trade in its direction. Trend is your friend!

....


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