Trading Rules
You will read this through multiple times every single trading day. Once when you wake
up, once before market open, and as needed intraday. The only thing that prevents us
from being profitable is our own mental mistakes - SO SEAR THIS INTO YOUR BRAIN.
I am a __ figure account trader who has all the abilities to succeed in this field - as long
as I stick to my rules.
I will size all my positions properly using my pre-determined risk management
principles. I will not risk more than I can afford to lose, and I will not lose any capital that
prevents me from trading again in the future.
I WILL NOT OVER TRADE.
I will NOT, I will NOT, chase or attempt to predict the movement of a stock. I have a
top tier system that WORKS. I will wait for confirmation and always use a signal bar.
I will NOT be greedy. I am growing my account and I have goals and aspirations with
my account. I will LOCK PROFITS.
I will treat every dollar preciously, even if I am profitable on the day. Any trades I
take will be an A+ setup.
I WILL NOT OVER TRADE.
If my trade setup is invalidated, i will make sure to CUT MY LOSSES. I will not hold
blindly hoping for a reversal. CUT IT, Find a new one.
Conversely, if my setup is still valid and providing confirmation, I WILL HOLD my
position, as there is no reason to sell it.
I will be patient, I will be discipline, I will execute.
I will be patient, I will be discipline, I will execute.
I will be patient, I will be discipline, I will execute.
I WILL NOT OVER TRADE.