The Market’s Screwy Enough… Your Trading Rules Shouldn’t Be

by Greg Guenthner
Daily Reckoning

Police shootings. Terrorism. Failed political coups. The evening news has shown us one disaster after another this month…

Meanwhile, the market’s acting just as screwy as real life. Stock futures are slightly higher this morning as they continue to push off the Brexit bottom, while commodities take a breather.

These aren’t the usual summer doldrums folks were expecting this month. Instead of a flat, boring market, we’re seeing plenty of action to sink our teeth into.

As markets spring back to life, it’s important to hone your trading rules. Your list of rules should serve two important purposes. Your rules need to help you book profitable trades. And they need to keep you out of trouble.

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