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Strategies & Market Trends : Grain Futures Trading

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To: nicewatch who wrote (143)11/14/1998 11:28:00 PM
From: wiley murray  Read Replies (1) of 645
 
Hi Frank: Here is Ed Toppel's site:

samuraitrader.com

He has four rules

Buy low, sell high
Let profits run,cut losses quickly
Add to a winning position, not a loser
Go with the trend

Basic stuff.He goes into each one in the book.The battle with the ego is the theme. If you have the discipline to follow these rules you are ok.I like the principles of ZEN that he lists as maxims.I guess if you can trade without the noise of emotions and look at the market from a standpoint of what is IS, then you can follow the price trend and make your trades. What do you look at then to determines what you buy and sell? I think he just trades the indexes. It appears he believes in the KISS method.Not a bad insight.

I also like his inner game techniques. Meditation,visualalization,affirmations,imaging/deep breathing.
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