!!!!⚠️READ THIS⚠️!!!!!! before taking trades from my journal

### Trading Rules

1. Focus on Percentage, Not Dollar Amount

- Risk and reward should be measured in percentages relative to your account size, not the dollar amount. This helps maintain consistent risk management.

2. Risk Management: 1-2% Per Trade

- Limit your risk to 1-2% of your total trading capital on any single trade. This protects you from large losses and helps ensure long-term sustainability.

3. Mental Health Comes First

- Stay mindful of your mental health. If you're feeling stressed or overwhelmed, take a break from trading. Emotional clarity is key to good decision-making.

4. Move Stop Loss to Break-Even (B.E.) After TP1

- Once price hits your first take profit (TP1), move your stop loss to break-even to protect yourself from any potential reversal.

5. Never Chase Trades

- Wait for your setup. If you miss an entry, let it go. Don't chase the market or force trades. Patience is essential.

6. Follow Your Strategy, No Deviations

- Stick to your strategy at all times. Trust the process, and avoid impulsive decisions based on emotions or outside opinions.

7. Always Have an Exit Plan

- Know your entry, exit, and stop loss points before entering any trade. A plan helps reduce emotional decision-making during the trade.

8. Take a Break If Consistency Is Challenging

- If you find yourself struggling to maintain consistency or becoming emotionally unstable, take a week off from trading. Reflection and rest are necessary for long-term success.

9. Long-Term Trader Mentality

- Be prepared for trades to take days to weeks. Patience and a long-term outlook are vital to your trading approach.

10. Take Profit Distribution:

- TP1: Close 50% of your position at the first target.

- TP2: Close 25% of your position at the second target.

- TP3: Close 15% of your position at the third target.

- Leave 10% of your position to run, aiming for larger gains if the market continues in your favor.

11. I Always Use a Stop Loss because my trades are long term Scalping is very different.....

- Your stop loss is there to protect you from major losses. Never trade without one.

12. Disclaimer

- These rules and methods work for me personally. Trading is a highly individual process—find your own goals and develop a strategy that suits you. If my strategy resonates with you, feel free to follow it, but always analyze the chart and assess the trade setup before executing.

---

This structure helps you stay disciplined, protects your capital, and ensures a clear approach to your trading style. Adjustments can be made to suit your specific preferences, but these core principles will serve as a solid foundation.

#OneBigBeautifulBill #BTC #ETH #solana #Xrp🔥🔥