How to stop losing money in the market

Many traders continue to lose their money, trading in the markets. Below is a 20 simple rules to stop losing money:

1. Do not trust others, you risk your money, not strangers. Do your own analysis, regardless of the source from which you receive information.
2. Do not believe in market-based instrument for sale is not investing. Remember the numbers and forget the press releases. Leave the American dream Peter Lynch.
3. Keep your rules you have created them for difficult situations, exactly the same as the one which you probably are right now.
4. Do not try to capture everything. Trading is never a game of "catch to catch." Each entry must have its merits. Take your loss with self, and enclose the following transactions with absolute discipline.
5. Not traded above themselves. If your name is not Baffett or Cramer, do not deal like them. Focuses on the fact that good play and not worry about how much money you make.
6. Do not look for a bowl of "Holy Grail". There is no secret trading formula, other than the hard
risk management. Therefore, go, stop it.
7. Do not forget about the discipline. The study of the foundations of ease. Most traders fail due to lack of discipline, rather than lack of knowledge.
8. Not the crowd. Listen to your own inner voice. By that time, when the crowd, you are probably already too late or too early.
9. Not traded on the obvious. The most attractive models may yield the most painful loss. If it looks too good to be true, it is likely that both will.
10. Do not ignore warning signs. Big losses rarely occur without warning. Do not wait
lifeboat to leave the sinking ship.
11. Do not count the chickens before time. Profit is not obtained until the transaction is closed. The market gives and takes back to the market fast enough.
12. Do not forget about the plan. Remember the reasons why you entered into the transaction, and does not allow somebody to shoot down a market stir.
13. Do not expect a guaranteed payment. You do not deserve their hard work. The market will pay you only when you're right and your timing will be really good.
14. Do not join the group. Trade - this is not the team sport. Avoid boards, discussions on market movements, and anyone's predictions. You want to know the truth, or looking for a blind support for his point of view of others.
15. Do not ignore your intuition. Respect your inner voice that tells you what to do and what to avoid. This is - the voice of the winner, strive to ensure that you have heard.
16. Do not be afraid to lose. Expect to win and lose with great regularity. Expect that the loss prepodast you more lesson about winning than winning itself.
17. Do not fall into the trap of complexity. A well-trained eye is sometimes more effective than a pile of indicators. Common sense more valuable than the tested system.
18. Do not confuse execution with opportunity. Revalued the software does not allow you to trade like the pros. Cute colors on the screen and emerging lights do you may be more rapid trader, but not the best.
19. Design is not my personal life. Trade gives you an excellent opportunity to discover just the way your life is twisted indeed. Get your own house before the game on the market.
20. Do not think about entertainment. Trading should be boring most of the time, just like real work, which has the most people.