PODCAST: Top 10 Trading Rules

In this segment, Jerry Robinson shares trading rules 1-5.

• Before placing a trade, the first question that you should ask is…
• Most traders fail because they don’t have a trading plan.
• Illiquidity can hinder your trading success. Here’s how to avoid it…
• All functioning systems need some type of feedback loop in order to make meaningful improvements.
• “Cut your losses short and let your winners run.”

In this segment, Jerry Robinson shares his trading rules 6-10

• Don’t fall victim to buying more sharesof a losing trade.
• Avoid buying stocks in the first 30 minutes of the trading day!
• If you have a small trading balance and are tempted to focus your efforts on buying penny stocks, DON’T!
• Why I prefer to trade stocks in clear uptrends, trading above a rising 200 SMA line.
• Do yourself a favor and paper trade your trading plan for at least 90 days before placing your first real trade.

Jerry closes out today’s show with a highly revelant quote from one of the world’s greatest stock market mavens.