The elements of good trading are: 1, cutting losses. 2, cutting losses. And 3, cutting losses. If you can follow these three rules, you may have a chance.

Everybody gets what they want out of the market.

Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.

To avoid whipsaw losses, stop trading.

There are old traders and there are bold traders, but there are very few old, bold traders.

Trends become more apparent as you step further away from the chart.

I don’t predict a nonexisting future.