Village Trader Podcast - Episode 65 - 12 Rules for trading Village Trader podcast
-
- Investing
In this week's episode I’m chatting Discussing 12 rules for trading
It’s a solo sport do your own thing
Make rules and follow them. Don’t just follow the herd
Resolve any psychological conflicts emanating from following your rules
Learn to take losses because they are inevitable
This is business your income needs to beat expenses over time
Take what the market gives you, don’t be greedy
No ones makes a lot taking small profits
You can’t borrow conviction
Trend is your friend
Cut your losses, cut your losses, cut your losses
Run your winners, run your winners, run your winners
There’s no bypassing your 10 000 hours
Portfolio Summary on 8 February 2022
Capital invested: R10 303.77
Current Balance: R8 916.03 -13.47%
Current Equity (Balance including paper P&L): R26 541.04 +157.59%
Current P&L : R17 625.01
View portfolio Journal
Join Simon Brown and Njabulo Nsibande trading live CFD accounts every Wednesday 17:30 Join here
Follow us on social media
@VillageTraderZA
@richytee
TradingView
Village TraderZA YouTube
On YouTube
Podcast also available on
Spotify
Google play
iTunes
Youtube
Subscribe to our mailing list
Music by Narco Beats
In this week's episode I’m chatting Discussing 12 rules for trading
It’s a solo sport do your own thing
Make rules and follow them. Don’t just follow the herd
Resolve any psychological conflicts emanating from following your rules
Learn to take losses because they are inevitable
This is business your income needs to beat expenses over time
Take what the market gives you, don’t be greedy
No ones makes a lot taking small profits
You can’t borrow conviction
Trend is your friend
Cut your losses, cut your losses, cut your losses
Run your winners, run your winners, run your winners
There’s no bypassing your 10 000 hours
Portfolio Summary on 8 February 2022
Capital invested: R10 303.77
Current Balance: R8 916.03 -13.47%
Current Equity (Balance including paper P&L): R26 541.04 +157.59%
Current P&L : R17 625.01
View portfolio Journal
Join Simon Brown and Njabulo Nsibande trading live CFD accounts every Wednesday 17:30 Join here
Follow us on social media
@VillageTraderZA
@richytee
TradingView
Village TraderZA YouTube
On YouTube
Podcast also available on
Spotify
Google play
iTunes
Youtube
Subscribe to our mailing list
Music by Narco Beats
36 min