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What are the unspoken rules of trading stocks no one tells you about?

Hi Traders,

These are the unspoken rules of trading stocks no one tells you about….

Rule No 1:- If you don’t follow any plan, you lose money.

Rule No 2:- If you don’t have any strategy, you lose money.

Rule No 3:- If you don’t have a money management plan, you lose money.

Rule No 4:- If you trade with emotions, you lose money.

Rule No 5:- If you show greed, you lose money.

Rule No 6:- If you don’t show discipline, you lose money.

Rule No 7:- Trade when the market is in your favour. Stick with your Strategy.

Rule No 8:- Have a proper Risk to Reward Ratio. I stick with 1:2

Rule No 9:- Always use Stoploss.

Rule No 10:- Make profit of 10% of your capital and loss of 5% of your capital. Not more, not less. The percentage may change according to your risk but stick with risk to reward ratio.

Rule No 11:- Be consistent with your strategy. Because in the long run, it will give great fruits.

Rule No 12:- Stick with all the above rules consistently without a doubt.

Thanx for reading🙂

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Praveen Maxter

Praveen Maxter

An Intraday trader with 6 years of experience.

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