26. Planning Prevents Overtrading
Impulse trades almost always come from boredom or revenge.
27. Stick to Markets You Understand
Avoid exotic or highly speculative contracts until you’re experienced.
28. Let Winners Breathe
Don’t exit profitable trades too early out of fear.
29. Check Your Ego at the Door
Be open to being wrong. The market is always right.
30. Master Your Exits
A great entry with a poor exit is still a bad trade.