📈 5 Trading Principles I Always Remind Myself of
After rereading Van K. Tharp’s shares, I realized there are 5 very simple things that many traders often overlook:
1️⃣ Follow the Trend, Don’t Fight the Market
Before placing a trade, I always ask: is the market going up or down? Don’t just look at one coin in isolation and ignore the overall trend.
2️⃣ Before Entering, Know Where You’ll Exit
No SL = not knowing how much risk you’re truly taking.
A good trade needs not only an entry point, but also an exit point.
3️⃣ Risk Management Matters More Than Finding the Perfect Entry
Don’t decide your position based on “how much you want to make.”
Start with this question: “If I’m wrong, how much am I willing to lose?”
4️⃣ Monitor Yourself, Not Just the Chart
FOMO, greed, fear, revenge trading, or overtrading… sometimes those are exactly what causes your account to lose money.
I always try to record my bad trades to see which mistakes I’m repeating.
5️⃣ Take Responsibility for Your Own Results
Losing isn’t always due to the market.
Blaming the market, the news, or other people won’t make your account better.
Each losing trade should leave behind a lesson; otherwise, we’re just paying tuition over and over again.
👉 In the end, trading isn’t a game for a few huge winning trades.
My goal is to stay in the game long enough to keep learning, keep improving, and let the edge compound over time.
After rereading Van K. Tharp’s shares, I realized there are 5 very simple things that many traders often overlook:
1️⃣ Follow the Trend, Don’t Fight the Market
Before placing a trade, I always ask: is the market going up or down? Don’t just look at one coin in isolation and ignore the overall trend.
2️⃣ Before Entering, Know Where You’ll Exit
No SL = not knowing how much risk you’re truly taking.
A good trade needs not only an entry point, but also an exit point.
3️⃣ Risk Management Matters More Than Finding the Perfect Entry
Don’t decide your position based on “how much you want to make.”
Start with this question: “If I’m wrong, how much am I willing to lose?”
4️⃣ Monitor Yourself, Not Just the Chart
FOMO, greed, fear, revenge trading, or overtrading… sometimes those are exactly what causes your account to lose money.
I always try to record my bad trades to see which mistakes I’m repeating.
5️⃣ Take Responsibility for Your Own Results
Losing isn’t always due to the market.
Blaming the market, the news, or other people won’t make your account better.
Each losing trade should leave behind a lesson; otherwise, we’re just paying tuition over and over again.
👉 In the end, trading isn’t a game for a few huge winning trades.
My goal is to stay in the game long enough to keep learning, keep improving, and let the edge compound over time.
