Even if the sky falls on my head, crushing my crown, I Will not Kneel.
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I will not kneel even if my legs are broken.
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Risk no more than 1% of the trading account on each stock trade.
Let’s say that I am trading a $100,000 account. I will risk only 1% of my account, or $1,000. If I enter the stock at 100 and the 50-day moving average is at 95, that means that my risk is 5 points on the stock (100-95). ...
This one is harder to do if you are at your desk or in the office, so it’s a great longer-term exercise to try at home.
I do not believe in a fate that falls on men however they act; but i do believe in fate that falls on them unless they act.
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