Every trader must do these 8 things

Every trader must do these 8 things:

1️⃣ Take Only the Best Trade

πŸ‘‰ Only trade A+ setups

πŸ‘‰ If it’s not clear β†’ don’t trade

2️⃣ Define Risk and Reward Before Entry

πŸ‘‰ Know your:

β€’ Entry

β€’ Stop loss

β€’ Target

Rule:

πŸ‘‰ Risk small (e.g. –0.30)

πŸ‘‰ Target bigger (e.g. +0.60 or more)

3️⃣ No Setup = No Trade

πŸ‘‰ Some days you do nothing

πŸ‘‰ Doing nothing is a good decision

4️⃣ Limit Your Trades

πŸ‘‰ Take 1–2 trades max per day

πŸ‘‰ More trades = more mistakes

5️⃣ Cut Losses Quickly

πŸ‘‰ If your trade is wrong β†’ exit fast

πŸ‘‰ Don’t hold and hope

6️⃣ Let Winners Reach Target

πŸ‘‰ Don’t sell just because you’re green

πŸ‘‰ Let the trade play out

7️⃣ No Exceptions

πŸ‘‰ Your rules matter more than your opinions

πŸ‘‰ Discipline > everything

8️⃣ Review Your Trade

After you’re done, ask:

πŸ‘‰ β€œDid I follow my rules?”

That’s it.

🧠 The Goal

Not to win every trade.

πŸ‘‰ The goal is to follow your system consistently

πŸ† Final Truth

Good traders don’t take more trades.

πŸ‘‰ They take better trades and manage them well

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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