What’s the difference between a Lesson and a Rule
Lessons are more relaxed – what you may have noticed about a day’s trading activity or learned from your own choices (good or bad). Lessons are anything that you’d like to note for yourself to keep in mind for any future trades in that same security or other similar securities.
Rules, on the other hand, are a bit more serious; these are lessons, but ones that you feel should be applied to most if not all future trades. An example of a rule may be to always review the securities financial reports prior to making a purchase decision.
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