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into a position: If you are buying, then each new price must be higher than the previous purchase price. If you are selling, each new selling price must be lower. This rule should be adhered to without question.Don't trade on rumours, tips or inside information: Wait for the market to tell you if the information is accurate, then take a position in the developing trend.Think like a guerrilla warrior: Fight on the side of the market that is winning, rather than wasting time and capital on futile efforts to gain fame by buying the lows or selling the highs of some market movement.Don't chase momentum if you can't find the exit: Assume the market will reverse the minute you get in. If it's a long way to the door, you're in big trouble.Add to trades on minor corrections against the trend: In bull markets, add to your trade on minor corrections back to support levels. In bear markets, add on corrections into resistance.Be patient: If a trade is missed, wait for a correction to occur before putting the trade on. Once a trade is on, give it time to work; allow time for others to see the merit of what you saw earlier than they.Trade with the market, not against it: Don't be a hero. Go with the money flow.Broker/client psychology must be in tune: If they aren't, the broker and client should part company early in the program.If you're not sure, don't trade: If you're in a trade and feel unsure of yourself, take your loss or protect your profit with a stop loss order.Beat the crowd in and out the door: You have to take their money before they take yours period.Tobacco ban to be bolstered (May.