Protect your capital, without it you are nobody.
Don't risk amounts you can't afford to lose. The main goal is to survive in the market, not to 'guess X100'.
Manage risk, always set a stop-loss.
Each trade should have:
• Clear entry level
• Stop-loss — fixed loss
• Take profit — profit target
Position size = key to survival.
Never enter a trade with all your capital. Use risk per trade: 1–3% of your deposit maximum.
Always trade according to the system.
Intuition is good, but the market loves discipline. Having a clear trading plan with entry and exit rules, filters — is a must-have.
Don't take revenge on the market.
If you incur a loss, don't try to 'get back'. This is a direct path to a margin call.
Analyze not only the market but also yourself.
• Keep a trading journal
• Analyze mistakes
• Work on your psychology
More means worse.
The more you overtrade, the higher the chance of making a mistake. Filter your trades. Better to have 2 good ones than 20 random ones a day.
Don't enter the market without a setup.
No signal — no trade. Even if you 'really want to'.
Stay calm.
Emotions are the trader's enemy. Learn to be neutral to profit and loss.
A good trader is a robot with patience.
Success in trading is a marathon, not a sprint.
Forget about 'quick money'. The main thing is stability and discipline. Then profit will become a side effect.
