In order of importance to me are: 1) the long term trend, 2) the current chart pattern, and 3)picking a good spot to buy or sell.

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

I turn bullish at the instant my buy stop is hit, and stay bullish until my sell stop is hit.

I think that if people look deeply enough into their trading patterns, they find that, on balance, including all their goals, they are really getting what they want, even though they may not understand it or want to admit it.

The trading rules I live by are: 1. Cut losses. 2. Ride winners. 3. Keep bets small. 4. Follow the rules without question. 5. Know when to break the rules.

The trend is your friend except at the end where it bends.

The idea of searching for some secret for trading success misses the point.