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Josh Brown’s 2016 trading tips for success

Josh Brown
Adam Jeffery | CNBC
Josh Brown

The books are now closed on the 2015 Halftime Report Portfolio Challenge.

Josh Brown was named "Trader of the Year" with a 10 percent gain for 2015. Most of the traders did well with four out of six panelists beating the S&P 500.

Brown credits his success to a rules-based investment strategy. When it comes to short-term trading, Brown suggests having a plan, executing it and keeping your emotions out of the picture.

"If you don't have a plan, you're much more prone to errors," Brown says.

Here are Josh Brown's five rules for trading success and a clip of him explaining the strategy.

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