Lauriston,

No problem! Thank you for compiling the list! It was most helpful for me to review it - I always love to hear readers' perspectives as well so I very much enjoyed your post.

I have a few rules by my computer screen and find them helpful, especially if I feel like I just have to jump into a trade, the list is there to reign in my greed. It also helped when I was afraid to put on a position - if the market aligned and signaled a trade, I would force myself to take it, even though I was afraid it could wind up in a loss. Many good experiences (and profits) came from trading with discipline and following the rules. It also helps me during losing trades or a series of losing trades because I know I am doing the best I can and the market only offers probabilities, never certainties, and there will be losses.

I always love your posts and look forward to more!

Hi Corey

Thanks for the mention. I am always surprised how many times people break these "simple" but essential rules (myself included). I have to say since I published the compilation I have broken just one (trend) and that was intentionally knowing I was putting on a counter-trend trade that anyway didn't work out! I did obey the stop limit! I am already seeing some positive effects of having those rules on my desk. I think everyone knows these rules, but obeying them is another matter. Something always seems to muddy the waters, but now I am determined to follow them to the letter. Today I did not put on a single trade nor close any, based purely on looking at the list of 10 rules, and I feel good about that at the end of the day! I am determined to do that every single day now, and I will let you know in a few weeks how it has changed my trading! Good luck!