🚨 Key Trading Principles You Must Follow 🚨
If you want to be consistently profitable in the market, stick to these essential rules:👇
1️⃣At major levels, always use a secondary stop-loss where most #traders place their first stop. Let the market breathe
2️⃣Avoid tight stop-losses. The #market is often irrational and will hunt your stops fast
3️⃣Once the first target is hit, move your stop to breakeven. That way, you’re safe from losses
4️⃣Always secure partial profits after targets hit. This way, you won’t miss further upside, but still lock in gains step by step
5️⃣Only risk 2-3% of your capital per trade, never more
6️⃣Your expectations should match your capital. Small capital = small profits. Large capital = higher potential gains (and risks)
7️⃣Stick to your plan and follow your rules no matter the conditions. Discipline is everything
8️⃣The 4 Core Pillars of Profitability:
Risk Management
Patience & Composure
Strict Strategy Adherence
Capital Discipline