Jun
26
7 Time-Tested Money Management Rules
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Seven Time-Tested Money Management Rules to Insure Survival over the Long Run1. Always Preserve Capital. Traders should limit loss to 1% of total capital for any one position.2. Always trade in the direction of the larger trends, with the most emphasis on the Primary Tide that lasts many months or years. In a Bull Market, look only for opportunities to enter long and close long. In a Bear Market, look only for opportunities to enter short and close short.
