There are a few trading rules that have stood the test of time and enable traders to trade profitably, yet a lot of people fail to follow them. The rules are no secret to anyone as you will find them in many trading books and other materials. The rules like 'cut your losses' and 'follow the trend' have worked for hundreds of years yet most people ignore them! Money is something that affects people's emotions and your natural instincts with money will often encourage you to break some of the time tested risk management rules, for example 'cutting your...