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Last week, we took a look at three simple rules that could help shovel bigger gains into your portfolio on every single trade you make. Today, I’d like to show you three more critical trading rules. Each one can give you bigger gains on every trade you make. Put all three together, and you stand to earn an edge in this market.Here’s what you need to know:Rule 1. Write Your Own Risk LevelUnderstanding risk is one of the most important elements of investing in anything — from penny stocks and options to commodities to currencies — no matter what, you need to enter each trade knowing exactly what’s at stake when you trigger your trades.
Many investors hold strong opinions about the 200-day MA... but is it actually important?