#5: OPINION-LESS "You always own the option of having no opinion. There is never any need to get worked up or to trouble your soul about things you can’t control. These things are not asking to be judged by you. Leave them alone."

"If you think that a trader must always hold an opinion about the market, you are wrong. It’s okay to say that you have no opinion. In fact, having no opinion frees your mind to consider all opportunities. A less opinionated trader is one that will cut losses without hesitation When you find yourself trying too hard to defend your opinion, take a step back. Remember that you cannot control the market. Hence, there is no reason to get worked up over your opinion of the market."