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.

To avoid whipsaw losses, stop trading.

Trying to trade during a losing streak is emotionally devastating. Trying to play 'catch up' is lethal.

Psychology motivates the quality of analysis and puts it to use. Psychology is the driver and analysis is the road map.

My style is basically trend following, with some special pattern recognition and money management algorithms.

Fundamentals that you read about are typically useless as the market has already discounted the price, and I call them “funny-mentals”. However, if you catch on early, before others believe, you might have valuable “surprise-a-mentals”.

If you can't take a small loss, sooner or later you will take the mother of all losses.