Trading should be viewed from a business perspective.  Just as a business has income and expenses, you must learn to see trading income as profit and expenses as loss.

 So, it goes without saying that we must maximize our gains and minimize our losses.  If you find that this is not happening for some long time, then you need to analyze / change the way you are trading.

Rule : Take full advantage of modern technology:


 Trading is a job where you always have to stay updated with every ups and downs of prices etc. along with technical charts – tables updated news sources should be at hand which will help you to identify the trend/ trends of the market.  Exercise Good Judgment Hopefully, you don't want to run into a situation where your trading tools cannot complete the trading order you need because they are lagging behind – slow – and out of date.  So, it is very important to use the latest updated technology for trading.......