Simple Trading Rules / strategy
1. Only Risk What You Can Lose
Only trade with money you can afford to lose.
2. Always Use Stop Losses
Set stop losses to limit how much you can lose on a trade.
3. Avoid High Leverage
Use no more than 10x leverage to reduce your risk.
4. Don’t Use All Your Capital
Only invest part of your money in each trade.
5. Set Stop Losses Carefully
Place your stop loss at least 5% away from your entry point.
6. Limit Risk per Trade
Only risk 1-3% of your total trading money on one trade.
7. Stick to Exit Levels
Follow your planned exit points, whether to take profits or cut losses.
8. Define Stop Loss Levels
Clearly set your stop loss and stick to it.
9. Have a Good Reason to Enter
Make sure you have a solid reason for each trade.
10. Honor Your Risk-Reward Ratio
Always align trades with your predefined risk-reward parameters to maintain a sustainable trading approach.
🍁Mindset Reminder
If you handle your losses well, you can still win in the long run!. Stay disciplined and focused!
