1. Always Trade with a Plan
Define your entry, exit, risk, and profit targets before you enter any trade. Never trade without one.
2. News Is Usually Priced In
Most headlines are already reflected in the market. Don’t chase the noise.
3. Stay Objective
Wins can breed overconfidence. Stick to your process, not hunches.
4. Size Your Positions Properly
Never risk more than you can comfortably afford to lose on any single trade.
5. Avoid Greed-Driven Trading
Don’t overtrade, scalp excessively, or try to “get rich quick.”