Here are some hard-learned resolutions we made over the last decade in one high-intensity capsule
- I will not trade with the money I cannot afford to lose
- I will not gamble. I will not trade 50–50 situations
- I will only trade high probability trades
- I will sit out and not take a trade if market is not clear
- I will not take unplanned impulsive trades
- I will not overtrade with too many positions
- I will not buy OTM Options like lotteries
- I will never gamble on events
- I will never listen to tipsters
- I will never trade when I am emotionally unstable
- I will trade less frequently and take breaks
- I will always always keep stop losses
- I will invest time in learning
- I will spend enough time planning and analyzing
- I will cultivate discipline, patience, and aggression
- There is a life outside. I won’t get addicted to trading