Trading rules

Rule No. 1. Focus on doing a good trade, not on making the most money.

Rule No. 2. Take action on confirmation signals and not on possibility signals.

Rule No. 3. Long an up-trending counter and short a down-trending counter.

Rule No. 4. In a bull market, buy fast and sell slow. In a bear market, buy slow and sell fast.

Rule No. 5. Take action near market closing, unless signals are strong with high volume support.

Rule No. 6. Select strong trending counters and avoid counters with inconsistent chart pattern formation.

Rule No. 7. Enter near the 20 Days Moving Averages, the nearer the better.

Rule No. 8. Have the stop-loss below both support and 20 Days Moving Averages.

Rule No. 9. Exit on triggered of stop-loss or confirmation of reversal signals.

Rule No. 10. Never risk more than you are willing to lose.

Rule No. 11. Enter before breakout, exit after breakout.

Rule No. 12. Action must align with market sentiment.