22 rules of trading

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This Resource Has Been Supplied Free Of Charge By Dollar by Dollar. http://www.dollarbydollar.com/ This File May Be Freely Distributed As Long As The Complete Content, Footer And Header Are Left Intact And Not Modified. Dollar by Dollar is a free site hosting money making opportunities, education and a fantasy stock trading game. Learn how to make money and earn revenue on and off the Internet. We also provide money making business and investment books. This Resource Has Been Supplied Free Of Charge By Dollar by Dollar. http://www.dollarbydollar.com/ This File May Be Freely Distributed As Long As The Complete Content, Footer And Header Are Left Intact And Not Modified. Dollar by Dollar is a free site hosting money making opportunities, education and a fantasy stock trading game. Learn how to make money and earn revenue on and off the Internet. We also provide money making business and investment books. Dennis Gartman's 22 Rules of Trading By Dennis Gartman, Edit and Layout by Rowdy Rhodes

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A simple set of rules to follow to prosper in the stock market. If you're thinking of investing read this first.

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Page 1: 22 Rules Of Trading

This Resource Has Been Supplied Free Of Charge By Dollar by Dollar. http://www.dollarbydollar.com/This File May Be Freely Distributed As Long As The Complete Content, Footer And Header Are Left Intact And Not Modified.

Dollar by Dollar is a free site hosting money making opportunities, education and a fantasy stock trading game. Learn how to makemoney and earn revenue on and off the Internet. We also provide money making business and investment books.

This Resource Has Been Supplied Free Of Charge By Dollar by Dollar. http://www.dollarbydollar.com/This File May Be Freely Distributed As Long As The Complete Content, Footer And Header Are Left Intact And Not Modified.

Dollar by Dollar is a free site hosting money making opportunities, education and a fantasy stock trading game. Learn how to makemoney and earn revenue on and off the Internet. We also provide money making business and investment books.

Dennis Gartman's 22 Rules of TradingBy Dennis Gartman, Edit and Layout by Rowdy Rhodes

Page 2: 22 Rules Of Trading

This Resource Has Been Supplied Free Of Charge By Dollar by Dollar. http://www.dollarbydollar.com/This File May Be Freely Distributed As Long As The Complete Content, Footer And Header Are Left Intact And Not Modified.

Dollar by Dollar is a free site hosting money making opportunities, education and a fantasy stock trading game. Learn how to makemoney and earn revenue on and off the Internet. We also provide money making business and investment books.

This Resource Has Been Supplied Free Of Charge By Dollar by Dollar. http://www.dollarbydollar.com/This File May Be Freely Distributed As Long As The Complete Content, Footer And Header Are Left Intact And Not Modified.

Dollar by Dollar is a free site hosting money making opportunities, education and a fantasy stock trading game. Learn how to makemoney and earn revenue on and off the Internet. We also provide money making business and investment books.

1) Never, under any circumstance add to a losing position... Ever! Nothing more needbe said; to do otherwise will eventually and absolutely lead to ruin!

2) Trade like a mercenary guerrilla. We must fight on the winning side and be willing tochange sides readily when one side has gained the upper hand.

3) Capital comes in two varieties: Mental and that which is in your pocket or account. Ofthe two types of capital, the mental is the more important and expensive of the two.Holding to losing positions costs measurable sums of actual capital, but it costsimmeasurable sums of mental capital.

4) The objective is not to buy low and sell high, but to buy high and to sell higher. Wecan never know what price is "low." Nor can we know what price is "high." Alwaysremember that sugar once fell from $1.25/lb. to 2 cent/lb. and seemed "cheap" manytimes along the way.

5) In bull markets we can only be long or neutral, and in bear markets we can only beshort or neutral. That may seem self-evident; it is not, and it is a lesson learned toolate by far too many.

6) "Markets can remain illogical longer than you or I can remain solvent," according toour good friend, Dr. A. Gary Shilling. Illogic often reigns and markets are enormouslyinefficient despite what the academics believe.

7) Sell markets that show the greatest weakness, and buy those that show the greateststrength. Metaphorically, when bearish, throw your rocks into the wettest paper sack,for they break most readily. In bull markets, we need to ride upon the strongestwinds... they shall carry us higher than shall lesser ones.

8) Try to trade the first day of a gap, for gaps usually indicate violent new action. Wehave come to respect "gaps" in our nearly thirty years of watching markets. Whenthey happen (especially in stocks) they are usually very important.

9) Trading runs in cycles: some good, most bad. Trade large and aggressively whentrading well; trade small and modestly when trading poorly. In "good times," evenerrors are profitable; in "bad times" even the most well researched trades go awry.This is the nature of trading; accept it.

10) To trade successfully, think like a fundamentalist; trade like a technician. It isimperative that we understand the fundamentals driving a trade, but also that weunderstand the market's technicals. When we do, then, and only then, can we orshould we, trade.

11) Respect "outside reversals" after extended bull or bear runs. Reversal days on thecharts signal the final exhaustion of the bullish or bearish forces that drove themarket previously. Respect them, and respect even more "weekly" and "monthly,"reversals.

Page 3: 22 Rules Of Trading

This Resource Has Been Supplied Free Of Charge By Dollar by Dollar. http://www.dollarbydollar.com/This File May Be Freely Distributed As Long As The Complete Content, Footer And Header Are Left Intact And Not Modified.

Dollar by Dollar is a free site hosting money making opportunities, education and a fantasy stock trading game. Learn how to makemoney and earn revenue on and off the Internet. We also provide money making business and investment books.

This Resource Has Been Supplied Free Of Charge By Dollar by Dollar. http://www.dollarbydollar.com/This File May Be Freely Distributed As Long As The Complete Content, Footer And Header Are Left Intact And Not Modified.

Dollar by Dollar is a free site hosting money making opportunities, education and a fantasy stock trading game. Learn how to makemoney and earn revenue on and off the Internet. We also provide money making business and investment books.

12) Keep your technical systems simple. Complicated systems breed confusion;simplicity breeds elegance.

13) Respect and embrace the very normal 50-62% retracements that take prices back tomajor trends. If a trade is missed, wait patiently for the market to retrace. Far moreoften than not, retracements happen... just as we are about to give up hope that theyshall not.

14) An understanding of mass psychology is often more important than an understandingof economics. Markets are driven by human beings making human errors and alsomaking super-human insights.

15) Establish initial positions on strength in bull markets and on weakness in bearmarkets. The first "addition" should also be added on strength as the market showsthe trend to be working. Henceforth, subsequent additions are to be added onretracements.

16) Bear markets are more violent than are bull markets and so also are theirretracements.

17) Be patient with winning trades; be enormously impatient with losing trades.Remember it is quite possible to make large sums trading/investing if we are "right"only 30% of the time, as long as our losses are small and our profits are large.

18) The market is the sum total of the wisdom ... and the ignorance...of all of those whodeal in it; and we dare not argue with the market's wisdom. If we learn nothing morethan this we've learned much indeed.

19) Do more of that which is working and less of that which is not: If a market is strong,buy more; if a market is weak, sell more. New highs are to be bought; new lows sold.

20) The hard trade is the right trade: If it is easy to sell, don't; and if it is easy to buy,don't. Do the trade that is hard to do and that which the crowd finds objectionable.Peter Steidelmeyer taught us this twenty five years ago and it holds truer now thanthen.

21) There is never one cockroach! This is the "winning" new rule submitted by our friend,Tom Powell meaning that if there is one drop there will be others to follow,conversely if there is one gain there will be others to follow. Quite often thecockroaches arrive in set of threes.

22) All rules are meant to be broken: The trick is to know when and how infrequently thisrule may be invoked!

I wish you the best of luck in your trading. For further investment education take a lookat the eighteen highly acclaimed and recommended books listed on the next page.

Page 4: 22 Rules Of Trading

This Resource Has Been Supplied Free Of Charge By Dollar by Dollar. http://www.dollarbydollar.com/This File May Be Freely Distributed As Long As The Complete Content, Footer And Header Are Left Intact And Not Modified.

Dollar by Dollar is a free site hosting money making opportunities, education and a fantasy stock trading game. Learn how to makemoney and earn revenue on and off the Internet. We also provide money making business and investment books.

This Resource Has Been Supplied Free Of Charge By Dollar by Dollar. http://www.dollarbydollar.com/This File May Be Freely Distributed As Long As The Complete Content, Footer And Header Are Left Intact And Not Modified.

Dollar by Dollar is a free site hosting money making opportunities, education and a fantasy stock trading game. Learn how to makemoney and earn revenue on and off the Internet. We also provide money making business and investment books.

Recommended Books: (links provided by the Freelance Writing Organization Int'l. Links System)

Stock Markets, Securities and Investment Issues by, Allen M. Urlichhttp://fwointl.com/LMPmail/link.php?id=DBD_B1

The Warren Buffett Way, 2nd Edition by, Robert G. Hagstromhttp://fwointl.com/LMPmail/link.php?id=DBD_B2

Trading Futures for Dummies by, Joe Duartehttp://fwointl.com/LMPmail/link.php?id=DBD_B3

Building Wealth in the Stock Market by, Colin Nicholsonhttp://fwointl.com/LMPmail/link.php?id=DBD_B4

Complete Guide to Investing in Commodity Trading & Futures by, Mary B. Holihanhttp://fwointl.com/LMPmail/link.php?id=DBD_B5

Big Money, Little Effort by, Mark Shipmanhttp://fwointl.com/LMPmail/link.php?id=DBD_B6

Currency Trading and Forex 100 Success Secrets by, Frank Brillhttp://fwointl.com/LMPmail/link.php?id=DBD_B7

Essentials of Foreign Exchange Trading by, James Chenhttp://fwointl.com/LMPmail/link.php?id=DBD_B8

Futures 101 by, Richard E. Waldronhttp://fwointl.com/LMPmail/link.php?id=DBD_B9

Elliott Wave Simplified by, Clif Drokehttp://fwointl.com/LMPmail/link.php?id=DBD_B10

J.K. Lasser's Pick Winning Stocks by, Edward F. Mrkvickahttp://fwointl.com/LMPmail/link.php?id=DBD_B11

Technical Analysis Simplified by, Clif Drokehttp://fwointl.com/LMPmail/link.php?id=DBD_B12

Hit and Run Trading by, Jeff Cooperhttp://fwointl.com/LMPmail/link.php?id=DBD_B13

Hit and Run Trading II by, Jeff Cooperhttp://fwointl.com/LMPmail/link.php?id=DBD_B15

Yes, You Can Time the Market! By, Ben Steinhttp://fwointl.com/LMPmail/link.php?id=DBD_B14

The Four Biggest Mistakes in Option Trading, 2nd Edition by, Jay Kaeppelhttp://fwointl.com/LMPmail/link.php?id=DBD_B16

Trendwatching by, Ron Insanahttp://fwointl.com/LMPmail/link.php?id=DBD_B17

The New Market Wizards by, Jack D. Schwagerhttp://fwointl.com/LMPmail/link.php?id=DBD_B18

For Recommended Magazines and More Books Visit Dollar by Dollar at:http://www.dollarbydollar.com