12 great forex trading axioms

 

Some are sayings, some are rules. Here's to a great 2016.

  1. The trend is your friend
  2. Everyone has a plan until they get punched in the face
  3. Men who pick bottoms get smelly fingers
  4. Beware of complex ideas. More trades have been ruined by making them too complex rather than too simple.
  5. Half of everything (or more) we believe will be obsolete in the next 45 years
  6. Never, under any circumstance add to a losing position.... ever!
  7. If you start to see conspiracies, stop trading
  8. Physical health, mental health and good trading are brothers
  9. Time is on your side, You haven't "missed" anything
  10. If you feel 'hope', you're in a bad trade
  11. Never take tips
  12. Living to fight another day is the most important trade
  13. source

 
These are good ones!
Reason: