Nikit Shingari says
RULE #1:
Don’t do this all the time, in any situation. If someone adds a losing position, don’t do it!
Average turning around in a trade that costs money is one thing that is sure to get you out of a trade with cash. In this case, the Long Term Capital Authority went out. If Barings Brothers, Sumitomo Copper, and many other people and businesses were hurt, this would be the reason for it.
RULE #2:
Don’t do this again and again, in any situation, if someone adds more kalah to the kalah. That’s not NEVER!
We think about the things we made. If “lokasi, lokasi, lokasi” is the first rule for buying things in a store, then the first rule for buying things in a store is this: don’t add to the things that hurt you all the time.
RULE #3:
Learn how to play like a mercenary guerrilla.
Jesse Livermore, who is very good, said that we don’t need to buy things that go up in price, but that we need to buy things that go down in price. This is the first time I’ve written a letter. It’s important for us to learn how to play/buy from the person who won, and we should be ready to move on to the next person as soon as one person has a better thing.
RULE #4:
Don’t look at a position that isn’t there.
Capital comes in two types: mental and real, and the mental one is the most important.
Becoming more and more afraid of every minute, day, and month that goes by means that you need to have a real strategy. But if you become more and more afraid of every minute, day, and month that goes by, you can still make money by betting.
RULE #5:
Go to where there are strengths.
Object we are looking for is not for us to buy cheap and sell cheap, but for us to buy cheap and sell cheap, or to buy cheap and sell cheap. We can’t find out what a “rendah” price is or what a “tinggi” price is. All of us have the chance to figure out where the flow is going, even though we don’t want to go there. If the trend changes, we can buy more and we can sell more if we want to. In the same way, we can sell short at a lower price and we can protect it at a lower price if the trend keeps going. Even though we don’t know how much high or how much low we need.
RULE #6:
Sell or buy a lot of things that show a lot of karma, or show a lot of power.
Metaphorically, when we run, we need to put the stone we made into the paper sack that is the most wet, because it will be the easiest to get rid of. At the same time, when we run, we need to put the wind we made into the cow that is the most powerful, because it will bring us more far from the other people.
RULE #7:
You can only run or be neutral in a Bull market, and you can only run or be neutral in a Bull market.
We can talk about things that are neutral, short, or aggressive when we’re talking about getting a job. We can go to the next job after we get a job that we’ve been working on for a long time. Similarly, we can be neutral, or we can be aggressive, but not every time we can be opposed, even if it’s just a little bit, in the money exchange.
In RULE #8:
it says that if you don’t want to keep going, you can. You or I can keep going, too.
“Men” University of Chicago has been saying for a few years now that paying is a rite of passage, but we know that each day when we pay. We need to learn how to get this kind of thing, get it, and keep going.
Rule #9:
Trading goes on in the world; there are good and bad things, and we can’t do anything else but accept them and teach them.
When things are going smoothly, they often get in fights, get in fights big and small, and try to make the good luck that was given to you look better. Regardless of how bad it is to do bad things, to do bad things often, to do small things, and to keep doing small things so that your desire changes and the “god” of trade chooses to give you more money again and again.
RULE #10:
To play with or bet on Jayanya, think like a fundamentalist; act like a technician.
Make sure you know the economic things that will make prices go up or down, but you also need to know the technical things. If we don’t do it, then later and later we can, or if we want to, we can do it.
RULE #11:
Make sure your technical system is easy to use.
Traders/investors that we’ve learned about over the years keep using the trading scheme that is the easiest. They draw easy flow lines, they look at and decide based on the technical requirements that are easy, they balance with fast, and they know that complexity is a home for young people and hasn’t been broken into.
RULE #12:
When you buy or sell something, knowing about psychology is more important than knowing about the economy.
The market is, as we want to say, the total number of people who work and play together in it, and it is given to the most important part of the group psychology. The dot-com bubble is like a bubble, but it grows from a small group to a larger group, and it is given food by a lot of people, so it ends up being finished. In our world, we can talk about economics without having to talk about it all at once. However, this only proves that prices can stay the same and that the economy will eventually grow, but only for a short time.
And then, the most important rule of them all:
RULE #13:
Do more things that work and less things that don’t.
This is a simple rule that can be written; this is a rule that should not be followed. Even though we’ve been watching and playing in the street for three years, she sums up all of the simple things we’ve done. Adding to winning trades while cutting back on losing trades is a real rule that can be followed. It also applies to living and trading.
Ali Dia 