Village Trader podcast

Village Trader Podcast - Episode 65 - 12 Rules for trading


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In this week's episode I’m chatting Discussing 12 rules for trading

  1. It’s a solo sport do your own thing
  2. Make rules and follow them. Don’t just follow the herd
  3. Resolve any psychological conflicts  emanating from following your rules
  4. Learn to take losses because they are inevitable
  5. This is business your income needs to beat expenses over time
  6. Take what the market gives you, don’t be greedy
  7. No ones makes a lot taking small profits
  8. You can’t borrow conviction
  9. Trend is your friend
  10. Cut your losses, cut your losses, cut your losses
  11. Run your winners, run your winners, run your winners
  12. There’s no bypassing your 10 000 hours
  13. 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

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      Music by Narco Beats

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