$DOS 5 rules that keep a trading account alive:
1. Risk 1% per trade. Ten losses in a row still leaves you about 90% of your account.
2. Aim for at least 1:3 reward to risk. Lose 7 out of 10 trades and you still finish up.
3. Read structure top-down. Mark the trend on the daily and 4H, then look for your entry on the 1H.
4. Respect liquidity. Price is drawn to equal highs, equal lows, and the previous day's high and low. Expect a sweep there before the real move.
5. Trade only from key levels you marked in advance. No level, no trade.
Bonus: set your stop before you enter, and never move it further away.
Which of these do you break most often?
1. Risk 1% per trade. Ten losses in a row still leaves you about 90% of your account.
2. Aim for at least 1:3 reward to risk. Lose 7 out of 10 trades and you still finish up.
3. Read structure top-down. Mark the trend on the daily and 4H, then look for your entry on the 1H.
4. Respect liquidity. Price is drawn to equal highs, equal lows, and the previous day's high and low. Expect a sweep there before the real move.
5. Trade only from key levels you marked in advance. No level, no trade.
Bonus: set your stop before you enter, and never move it further away.
Which of these do you break most often?