"Ten Commandments of Trading" - SUNDAY LESSONS

On this beautiful Sunday morn, I am up early and enjoying my cup of java - drinking in worship music - feeling the cool of the breeze - reflecting on the Tec's Top Ten http://tecnasty.com/Tec_s_Top_Ten.html :

1. TAKE YOUR PROFIT
2. TRADE THE CHARTS
3. REMOVE EMOTION FROM YOUR TRADING
4. DON'T MARRY THE STOCKS YOU TRADE
5. DON'T CHASE A RUNNING STOCK (or CATCH A FALLING KNIFE)
   
6. ASK FOR THOUGHTS, THEY CAN'T HURT
7. DON'T BELIEVE THE HYPE (or the BASHING)
   
8. SET YOUR ENTRY AND YOUR EXIT
9. PROTECT YOURSELF, SET A STOP LOSS
   
10. MAKE A CHOICE AND STICK TO IT

Though I cannot say I have completely been true to these "commandments," I am finding myself moving closer and closer conforming to them. For me, "removing the emotions from your trading" is one of the toughest. The key is to keep learning and weaving these into the tapestry of our trading quilt....and over time, with developed discipline to these principles, a profitable picture will be birthed. It does take work, and it does take experience!