No matter how tempting it is violating your trading rules is never a good idea. This reminder came to me as an example to me when I violated my own trading rules a couple of times over the last two days.
The very first violation cost my portfolio $5K plus. The second made a measly $50. I immediately considered violating my rules another time but I remembered the adage, “Patience is a virtue”, and so stopped myself.
I’ll get around to revisiting this episode of trading later but for now let this serve as a reminder, “Never violate your own stock trading rules.”
