Rules are all around us. From traffic rules all the way to the ten commandments. The existence of rules kinda defines us as a proper civilized species. Sure some animals have rules too, but they are mostly acting on instinct. Most of what we do, are bound by rules. So when it comes to trading, rules too play an important role. Trading rules help traders be more efficient, and more effective with their trading. You can break some of the rules, but be prepared to find yourself in a tough situation. Learn the trading rules and know them by heart. It can save you a ton of headaches.
