1. We trade and engage in speculation.
2. We seek maximum profit.
3. We are aware of the financial and mental risks.
4. Always preserve a portion of your stack - No chips, No Chair. ALWAYS!
5. Patience. Trade with purpose; not from boredom or addiction.
6. Believe and risk real money in your own work.
7. Always listen to what other's say- they may know more than you.
8. Always separate your speculation from your investments.
9. When in doubt or you don't understand, re-think. Still don't get it, cash out.
10. Trust your gut.
And most important...
11. We have fun/Enjoy Life- it is very difficult to speculate if you don't enjoy it and can afford to take the consequences of your actions. NEVER put yourself in serious situations (mental, financial, or health). You can always come back if you want and start small again or choose to stop completely.
Happy trading and may you enjoy the fruits of your passion!
