After a year
Eat,
drink,
sleep with the financial markets .. and has no other hobbies ..
- Stay in the game as long as you can.
- When you have a strong opinion about the market, go away from your computer, go walking the town. Don’t make your strong opinion change your trading size.
- Loss control, Loss Control, Loss Control.
- Keep repeating what you did right.
- Keep the trading size Thin, < 2 % from assets ,if one trades is a losing trades, keep in your mind that there’ra other 100 goods entry points aheads.
- Loss is a part of the game.
- Dont make a monetary profit target, but set a goal of following a trading plan (entries,position sizes,exits) on 90+% of all occasions.
- Perform mental checklist before go trading, make a trader’s daily notecards!!
- Monetary goals end up creating unnecessary pressures.
- Be brutally honest with yourself.
- Don’t be too proud if you win and don’t be too sad if you loss, because winning is long term objective.
- Let the winners run, let the losers stop.
- Accept small loss, Avoid Big Loss
