1. Trade based on the probabilities NOT
the potential profits.
2. Trade small position sizes based on
your account NEVER put your whole account at risk of ruin.
3. Trade a plan NOT emotions.
4. Always enter a trade with an edge that
can be defined DO NOT trade with entries that are only opinions.
5. Trade based on quantifiable facts NOT
opinions.
6. Trade after extensive research on what
works and what does not. Don’t trade in ignorance.
7. Trade with the correct position sizing
since risk management is your number one priority and profits are secondary
concern.
8. Trade in a way that eliminates any
chance of financial ruin NOT to get rich quick.
9. Trade with discipline and focus DO NOT
change the way you trade suddenly due to winning or losing streaks.
10. Trade in the present moment and DO NOT
get biased due to old wins or losses.
No comments :
Post a Comment