Martin pring's trading tactics and emotion control
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Transcript of Martin pring's trading tactics and emotion control
Martin Pring's Trading Tactics And Emotion Control
Rishabh Surana
Don,t Trade at the Edge of the pendulum Swing.
Pring's Law.
Pring's law states that , other thing being equal
trading success is inversely related to emotional
stimulation. The more excited you get, the less likely you are to make
money.
Only Trade With a Balanced Mindset.
Patience and Discipline-
Required Ingredients for
Successful Trading.
Only Trade When You Feel Good, and There is an Obvious Opportunity.
Do Not Trade Merely Because You Want To.
If You Get in For a Good Reason, Get Out if it No Longer Remains Valid.
Do Not Penny Pinch.
Trade Smaller Positions When Things Go Wrong
Not Sure? Do Not Trade.
Take Time To Learn.
NOW you are ready to TRADE