đ¨ Key Trading Principles You Must Follow đ¨
If you want to be consistently profitable in the market, stick to these essential rules:đ
1ď¸âŁAt major levels, always use a secondary stop-loss where most #traders place their first stop. Let the market breathe
2ď¸âŁAvoid tight stop-losses. The #market is often irrational and will hunt your stops fast
3ď¸âŁOnce the first target is hit, move your stop to breakeven. That way, youâre safe from losses
4ď¸âŁAlways secure partial profits after targets hit. This way, you wonât miss further upside, but still lock in gains step by step
5ď¸âŁOnly risk 2-3% of your capital per trade, never more
6ď¸âŁYour expectations should match your capital. Small capital = small profits. Large capital = higher potential gains (and risks)
7ď¸âŁStick to your plan and follow your rules no matter the conditions. Discipline is everything
8ď¸âŁThe 4 Core Pillars of Profitability:
Risk Management
Patience & Composure
Strict Strategy Adherence
Capital Discipline