This Rule Has Allowed Me to Survive for 15 Years Day Trading...

Day trading is not easy. The rewards and upside potential are enormous, but surviving in the markets long enough to take advantage of those rewards is a whole different challenge. One of the areas of day trading that I underestimated when I was a beginner was the importance of rules. Yes, most people know that in order to survive and thrive you need a valid strategy that will produce consistent money making results; however, the rules surrounding that strategy often times get lost in the shuffle. I want to share one of my rules that has allowed me to survive in the markets as a day trader for 15 years (and counting!). The good news is this rule is nothing fancy. It's easy to see when it needs to be implemented; yet, it is extremely powerful given what it helps you acknowledge and then avoid. While the rule can take many forms, I want to share with you how I use it and encourage you to consider implementing it into your personal trading as it can (and will) help you avoid some very miserable days in the market!