What’s that one golden rule you always follow in trading or investing? Share your wisdom — let’s learn from each other! 
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Trend is the Friend.
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Was there a specific trading lesson that made you believe in this rule, or have you been following it since the beginning of your trading journey?
Risk management and proper position sizing. Not risking more than 0.5% in a trade saved a lot.
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I prefer swing in the cash market primarily. Choose fundamentally strong stocks, enter at support and wait for an X% target, exit once it reaches it and do not worry if it goes higher. Over the years, have added trend lines and indicators like RSI, ADX and Fib levels to develop the patience to wait to get more profit. The primary point is to X% over the principal in a year post STCG or LTCG.
Pluck the fruits when you feel they are ripe, don’t let them rot on the tree. The purpose is to relish them, not merely to admire them.
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Hi @RahulDeshpande 
I have cycle rule for Trading & Investing.
Trade Plan, Execute it, Review it & Refine it
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Self is the dominating factor that decides the outcome of a trader’s journey… 
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Investing: I usually buy and rarely sell.
That said, one rule changed my perspective - average stocks that are doing well and going up, instead of averaging stocks that are in losses or companies that are not doing well.
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Risk Management, Position Size, Discipline. Understanding Market sentiments. Current & Past Trading & Investment Analysis regularly.
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Stop Loss Hit= Stop Loss Hit. Don’t look at that trade for that day.
For investing: Buy Nifty 50 ETF and Gold ETF.
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Preserving capital is utmost importance for me
There is always chance to bounce back as long as capital is intact
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Never let a crisis go waste.
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Be strict on loosing side …if I preserv my capital today i can earn tomorrow
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“to be fearful when others are greedy and to be greedy only when others are fearful.”
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Follow Price. Everything else is irrelevant. E.g. News, Social media etc
i pay myself as the market makes money available to me
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