1. A rule of thumb for how traders should control losses so that they never lose more in a morning than they can make in an afternoon, more in a day than they can make in a week and more in a week than they can make in a month;
I really liked this

Traders are the ones who use most of their brains i think and also it is not thay easy task. Traders will always have an important place in this entire universe. I do firmly respect each trader.
I would surely like to go through the article you mentioned.
Traders should always consider a number of rules before they go into it to make good profits. Also the profits should be treated much cautiously as excess anxiety can make you loose your funds.