JASON ALAN JANKOVSKY has been a trader and market analyst for over twenty years. He provides daily commentary on the markets for Infinity Brokerage and is the featured speaker on a daily Internet broadcast, The Morning FOREX Briefing, sponsored by ProEdgeFX. Jankovsky has authored several trading systems, trained other successful traders, and written numerous articles on global cash FOREX. For a detailed list of resources and tools available from the author, please visit www.proedgefx.com.
PART I Getting in the Game.
RULE #1 Know Your Game.
RULE #2 Have a Trading Plan.
RULE #3 Think in Terms of Probabilities.
RULE #4 Know Your Time Frame.
PART II Cutting Losses.
RULE #5 Define Your Risk.
RULE #6 Always Place a Protective Stop.
RULE #7 Your First Loss Is Your Best Loss.
RULE #8 Never Add to a Loser.
RULE #9 Don’t Overtrade.
PART III Letting Profits Run.
RULE #10 Keep Good Records and Review Them.
RULE #11 Add to Your Winners.
RULE #12 Use Multiple Time Frames.
RULE #13 Know Your Profit Objective.
RULE #14 Don’t Second-Guess Your Winners.
Part IV Trader Maxims.
RULE #15 Know the Limits of Your Analysis.
RULE #16 Trade with the Trend.
RULE #17 Use Effective Money Management.
RULE #18 Know Your Ratios.
RULE #19 Know When to Take a Break.
RULE #20 Don’t Trade the News.
RULE #21 Don’t Take Tips.
RULE #22 Withdraw Equity Regularly.
RULE #23 Be a Contrarian.
RULE #24 All Markets Are Bearish.
RULE #25 Buy/Sell 50% Retracements.
RULE #26 The Only Indicator You Need.
RULE #27 Study Winning Traders.
RULE #28 Be a Student of Yourself.
About the Author.