- You shall preserve your capital
- You shall stick to your stop-losses
- You shall not take bigger bets than you can afford to lose
- You shall not trade too many positions at the same time
- You shall not try to get rich quickly
- You shall never gamble on events
- You shall never average
- You shall never trade when you are low, unwell, sad, mad, or angry
- You shall spend time analyzing your trades, and not looking at the screen
- You shall take breaks, and not get addicted to gambling
Did you like our ten commandments? Try our tips for better trading in the Trader’s Manifesto by Sensibull.