WORDS TO TRADE BY

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“Rule #1: Don’t lose money. Rule #2: Don’t forget Rule #1.”


― Warren Buffett


We trade so we can make money. That's really what this is about. So losing money is antithetical to our trading endeavors. Warren may sound like he's being simplistic, but he's right. The number one rule of investing is "don't lose money."

But the fact is, you will lose money. It will happen, so go ahead and prepare yourself for it. But if you can follow a trading plan that makes your wins more numerous than your losses, you'll be a winner, plain and simple. Get back to trading, put in the effort, and don't lose money!

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