Trading rules are essential to long-term success in trading. Trading rules keep you out of trouble. But they are also like seatbelts. They're only really necessary when you are in trouble. But still, you use them each time you drive, right? Employ trading rules in the same way. The only time we really need them is when we are in trouble. But we cannot predict when a trade will go awry. So get in the habit of using them. They are your best friend when you most need a friend. These videos will help.

Strategy Session August 1st, 2013

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