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Those who rid themselves of their egos are greatly rewarded. If you manage your own money always review the Seven Rules I preach to my clients.
And if you have an advisor make sure they do the same.
- Cut your losses fast and short.
- Never add to a losing trade.
- Don't pick tops.
- Don't pick bottoms.
- Only add to a winning trade.
- Let profits run.
- Let the market make the decision, not your ego.
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