Follow the seven golden rules, not your heart

New Straits Times | May 7, 2006| | Copyright

Jimmy Loke
New Straits Times
05-07-2006
Follow the seven golden rules, not your heart
Byline: Jimmy Loke
Edition: New Sunday Times
Column: Focus

WHY do some traders consistently make profitable trades while others around them generate losses or at best, achieve mediocre returns?

The answer is simple - successful traders consistently employ the golden rules of share trading whilst unsuccessful traders allow fear and greed to dominate their decisions.
They fail to understand the difference between gambling and investing, acting on tips and rumours rather than a sound set of trading principles.

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