Linda Raschke: 50 Stock Trading Rules
4 min readMar 21, 2023
- Plan your trades. Trade your plan.
- Keep records of your trading results.
- Keep a positive attitude, no matter how much you lose.
- Don’t take the market home.
- Continually set higher trading goals.
- Successful traders buy into bad news and sell into good news.
- Successful traders are not afraid to buy high and sell low.
- Successful traders have a well-scheduled planned time for studying the markets.
- Successful traders isolate themselves from the opinions of others.
- Continually strive for patience, perseverance, determination, and rational action.
- Limit your losses — use stops!
- Never cancel a stop loss order after you have placed it!
- Place the stop at the time you make your trade.
- Never get into the market because you are anxious because of waiting.
- Avoid getting in or out of the market too often.
- Losses make the trader studious — not profits. Take advantage of every loss to improve your knowledge of market action.
- The most difficult task in speculation is not prediction but self-control. Successful trading…
