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Gold/Mining/Energy : Day trading in Canada

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To: trilobyte who wrote (1170)11/10/1998 1:06:00 PM
From: Kevin Hamlin  Read Replies (2) of 4467
 
Someone a while back posted a link to some "trading rules". I went there and pulled out what I thought were the best of them (they were all good....these were just my personal fav's)

I printed them out and have them right on the wall in front of me. It's the kind of reminders I need on a daily basis. Here they are:

1) The deepest secret for the trader is to subordinate his will to the will of the market. The market is truth as it reflects all forces that bear upon it. As long as he recognizes this he is safe. When he ignores this, he is lost and doomed.

2) It is better to be more interested in the market's reaction to new information than in the piece of news itself.

3) The successful trader does not base moves on what supposedly will happen but reacts instead to what does happen.

Regards,

Kevin
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