Life is Simple. Complex ideas are accomplished by doing the simple things well
1. Never overload/ overleverage your account
2. Never be dogmatic. Do your analysis and trade what the market is telling you
3. Use price action, key levels, chart patterns, price alerts, pending orders, and charting tools all in combination in order to identify high-probability entry and exit points.
4. Extend your trendlines and look for dynamic key levels.
5. Plan ahead. Plan your trades and Trade Your Plan.
6. Patiently monitor price action at Key areas of value.
7. Never chase the market. Let the market come to you.
8. Opening multiple trades at the same position is not a sustainable decision.
9. Think long-term, the market is not going anywhere.
10. Never change your stop-loss
11. Be an artist of the market, match the dots and draw the patterns
12. Do not babysit candles-sticks and create anxiety for yourself
13. Trade with confidence
14. Always use the economic calendar
15. Believe in the sunk cost fallacy, your previous trade has nothing to do with the trade you are about to take
16. Never stop learning. If you are stopped out within your risk parameters, consider it an opportunity to learn and journalize what went wrong.
17. Do not waste time. Focus Fully when you are trading
18. Use a demo account to test different strategies
19. Open multiple accounts in order to diversify your risk
20. Always remember how painful it was when you blew your last account.
