Day Trading Rules

Everyone wants the rules of the game. Otherwise, it's not possible to effectively play and win the game.

Traders, especially day traders, have been conditioned, transfixed on, the old rules of day trading - all the rules they absorbed from books, courses, seminars, workshops and so on they invested in over the years - the same rules big money (hedge funds, etc.) use to kill the crowd (you and me) - over and over and over again.

Rules - Here's what I want you to know about day trading rules:

• Most of the time, the old rules we learned just don't work any more,

• Big Money (hedge funds) always use your old trading rules to kill you,

• Why? - The game has changed, because the rules have changed, because trading software has changed,

• So how can I make money again? - Change your game, change your rules, and change your software and the way you use software - to be able to execute like a samurai.

For those who like lots of rules, however, here are a few do's and don'ts for day traders:

The Do's for day traders:

• Play a day trading game winners play,
• Learn to day trade with a coach,
• With your coach, develop your competence and instincts,
• Trade with a day trading room with your coach,
• Trust your coach and your newly developed instincts,
• Take care of yourself - rest, nutrition, exercise, enjoyment,
• Learn to manage your mood - before, during, and after you trade,
• Nurture your relationships - with your self, family, friends, and your coach.

The Don'ts for day traders:

• Don't play a day trading game for losers,
• Don't allow your mood or low energy keep you from trading well,
• Don't allow low self-esteem prevent you from winning,
• Don't trade on your own or when you feel excess stress,
• Don't trade unprepared, upset, or with revenge,
• Don't leave your gains on the table
• Don't, never, hold overnight or after hours,
• Don't forget to have fun day trading.

Learning to day trade well is not just about perspective, rules, and playing a game winners play. Winners don't waist time in endless research, analysis, picks, and being right and winners don't burn out or "blow up".

Winners, consistent winners, learn to trade the game winners play, like dancers learning to dance the Flamenco. Not many rules, but you must have a masterful teacher, a great partner, and seemingly endless practice - all the while dancing from your soul, in the present, with courage, passion, and grace.

My invitation for you - learn the winner's day trading dance with me and other winners at Day Traders Win. Learn to trade with courage, instinct, and mastery - with dignity when you lose, and feeling alive when you win - on your path to becoming a consistent winner, on your path to wealth - and feeling alive.

Comments & questions:

Wealth@DayTradersWin.com

 

Web site:

http://www.DayTradersWin.com