[rxs0005]

Dear Fellow Traders


all of you by now must have a number one rule that has been ingrained in your DNA so that you do not lose money when you are red / green please do share that rule so all of us can benefit from your wisdom and experience

I will start

My number 1 Rule is

Never Trade before news ( I have been whipsawed several times and it hurts!)

I Wait for all the news to be baked in and let the markets show me the direction.

thanks

[brownsfan019]

Do not trade Crude Oil from 10:15am-10:35am EST on Inventory days.

On the rare 11am Inventory days, adjust times appropriately.

[macdfx]

Originally Posted by brownsfan019 »

Do not trade Crude Oil from 10:15am-10:35am EST on Inventory days.

On the rare 11am Inventory days, adjust times appropriately.

You could say the same thing for Natural Gas (NG) on Thursdays too, IMHO.

[TheDude]

Rule #1: Don't lose money.

[brownsfan019]

Originally Posted by macdfx »

You could say the same thing for Natural Gas (NG) on Thursdays too, IMHO.

For sure! I don't trade Nat Gas so that rule doesn't apply to me, but a good rule for those trading Nat Gas.

[Tams]

#1 rule:

don't argue with the market

[TIKITRADER]

stick with the plan and trade whats displayed
ignore the urge to create before it too late

[srag&birdie2]

No. 1 Trading Rule: Show up sober.