1/9/09

Murphy's 21

1. Conform to the trend of the direction of middle-transaction

2. In the upward trend in the fall by buying in the downward trend in every rose sold

3. To allow the full profit growth to be limited to small loss

4. Has always been to set up protective positions Stop orders to limit losses

5. Not the whim of the deal there are plans to fight the battle

6. To develop a good plan and then carry out in the end

7. Pursue the fund management of the essentials

8. Diversified investment bearing in mind that "overkill"

9. Reward - at least the risk of more than 3 to 1 before action

10. When taken to increase the position of the pyramid to be followed the following principles:

A. subsequent position in each level must be less than the previous one

B. only in profitable position on quotas

C. can not be in the loss-making positions in the increase in positions

D. the protective stop-loss orders set in the break-even point

11. Do not live in no way additional margin money to go into the death of position

12. In order to prevent the emergence of additional margin requirements should ensure that at least the overall margin requirements of 75% of net funds

13. Ping back to profit in the position before taking a loss of open positions

14. Unless it is engaged in a very short-term trading or else the total should be the best in the market is closed in the market do a good job during the decision-making

15. Research should be done by the long-term to short-term and gradually filtering

16. Utilization days accurately chart the stock market out of City Point

17. Engaged in day trading before the transaction the next day to master the skills

18. Do not ignore common sense as far as possible not to any of the allegations in the media too credulous

19. Institute of solid when the minority of the market if you are good judgment, then the views of the majority will be with you at odds

20. Technical analysis techniques rely on a long-term commitment to this study and practice can be improved to maintain a humble attitude Forever continuous learning to explore

21. Be as concise as the complex is not necessarily superior

Original article reprint please specify: Reprinted from
http://mengziren.blogspot.com

No comments: