Dec

23

 I put up a post on twitter about the 7 things you should do to play squash until 100. 7 glasses of water a day (by the way I've found that the alkaline water filters seem to give a better taster to NYC water, and they say they're much healthier), 7 workouts a week, 7 sex or thoughts of same a week, 7 fruits or veg a day, 7 hours of sleep.

I wonder what are the 7 things a a trader should do to prosper. I would start with 1. Don't over trade. 2. Keep the vig done. 3. Don't close out profitable positions during the day. 4. Don't reverse near the end of a week. 5. Only trade active markets. 6. Go along with the central banks. 7. Never short stocks, and possibly bonds.

Craig Mee adds: 

8. Take some initial risk off, once in the money, so at worst it's a flat result. 9. Always allow for a portion of your position to be there for maximum gain. 10. Add further positions where possible.


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