Never add to a losing position. I think this is one of the biggest mistakes traders make. A stop loss is like a red light, not a suggestion. He tells her to go to market not to add more money to trade. It just angers me to see people adding money to a losing position.

Keep It Simple! Do not think that the more indicators and patterns that are more profitable for you. My trading strategies are simple, but original. I've learned to real-time market gems simplicity. This is an important concept.

Don’t always try to pick absolute tops and bottoms. I know traders who depend on it. They seem to always choose the lower or higher overall and lead the market to turn. They succeed one or twice but eventually suffer a big hit. If you cannot help but try to find them a huge turning point in the market at least use some kind of confirmation. Do not just guess "this is the top" or "this is the bottom".

This one is a simple, but you would not believe how many traders do not follow him. Disservice to the market to sell into the market that shows the greatest weakness. Do not try to outsmart the market. If the market tells you "I am weak" don’t argue and just follow! If the market tells you "I am strong", BUY and continue BUYING!

Your psychological state of mind is more important than your dollars. Yes, it is true. For example, entering the market when you know you should not enter, and end up losing money, you would cause financial loss that hurts, but it can be recovered to trade or two. However, it also causes a psychological loss in the form of fear and insecurity in the future. It will take more than one or two traffic back!