Law 1 : Trade less
= saves you from 80% of the losses
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Law 2 : Use method
= protects you from 80% of the mistakes
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Law 3 : Wait now to avoid waiting later
= saves from entering wrong trades 80% of the time
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Law 4 : Learn more
= saves you from 80% of the mistakes caused by ignorance
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Law 5 : Trade is complex but trading is simple
= simple but sound approach saves you from complex traps
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Law 6 : Feel the trade to sense the result
= protects you from the traps logic can't foresee
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Law 7 : Emotions which calm you are good, emotions which excite you are dangerous
= this single fact can protect you from 80% mistakes caused by trading hysteria
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Law 8 : Accept today, Trust tomorrow
= saves you from quitting when you must not!
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Law 9 : Respect the difficult situation
= saves you from picking the wrong fights
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Law 10 : Just behind the obvious is the reality
= the favorite hiding spot of the market's true intentions!
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