So far some hard rules.
Always dont lose money.
Cut loss and have a entry and exit plan.
If you think you are following then dont trade.
Take a break in between day trades to avoid fatigue.
Trade based on an amount you are willing to lose for a day. Can be an ×% of your total account e.g. 3%
Trade safe and enjoy the process!
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Comments
During bull times its hard to have discipline
Any thoughts to prepare trading rules?