🔹 Market Mindset
1. Trade what you see, not what you think.
Avoid emotional decisions — follow data and price action.
2. The market is never wrong, but your position might be.
Be willing to admit when you’re wrong and cut losses early.
3. Discipline beats strategy.
A mediocre strategy with great discipline can outperform a great strategy without discipline.
⸻
🔹 Risk Management
4. Protect your capital first, profits come second.
You’re not in the game if you lose too much early.
5. Never risk more than 1-2% of your trading capital on a single trade.
6. Set stop-losses and stick to them.
Hope is not a trading plan.
⸻
🔹 Technical Approach
7. Trend is your friend — until it bends.
Ride trends, but watch for reversals.
8. Volume precedes price.
Increasing volume often confirms the move.
9. Support and resistance are zones, not exact prices.
Don’t be too precise — think in ranges.
⸻
🔹 Strategy Execution
10. Plan your trade, and trade your plan.
Entry, stop-loss, target — define them before entering.
11. Don’t chase the market.
Missed a setup? Wait for the next. There’s always another trade.
12. Use backtesting and journaling.
Learn from past trades — your mistakes are your best teachers.
⸻
🔹 Psychological Edge
13. Avoid FOMO (Fear of Missing Out).
Jumping in late often ends in losses.
14. Stay calm in volatility.
Emotion leads to poor execution.
15. Patience pays.
Great trades take time to set up — don’t force it.