50 Golden Rules for Traders

1. Follow the trends: This is probably some of the hardest advice for a trader to follow because the personality of the typical futures trader is not 'one of the crowd.' Futures traders (and futures brokers) are highly individualistic; the markets seem to attract those who are. Very simply, it takes a special kind of person, not 'one of the crowd,' to earn enough risk capital to get involved in the futures markets. So the typical trader and the typical broker must guard against their natural instincts to be highly individualistic, to buck the trend. 2. Know why you are in the markets . To relieve boredom? To hit it big? When you can honestly answer this question, you may be on your way to successful futures trading. 3. Use a system, any system, and stick to it. 4. Apply money management techniques to your trading. 5. Do not overtrade. Get the full e-book by dropping your email in the comment box.