Here are five core trading rules that belong in almost every trader's system:
1. Risk only 1% (max 2%) of your account on any single trade. Protect capital above all.
2. Define your exact entry, stop loss, and target before you click buy or sell.
3. Cut losses fast and let winners run. Never move stops against your position to "give it room."
4. Trade only your highest-probability setups. No forcing trades out of boredom or FOMO.
5. Keep a detailed journal of every trade and review it weekly. Discipline and review beat raw talent.
This is exactly how traders improve.
Not by blindly copying a model, but by taking concepts that make sense to them and building something unique around them.
The goal is to develop YOUR model.
Blend ideas. Backtest relentlessly. Find what aligns with your personality and execution style.
A few weeks of serious testing can completely change your trading trajectory.
Keep me updated on the results @traderisimo you are killing it! ๐ช๐ผ
The right questions for every trade is:
What is your entry signal?
What is your stop loss?
What is your profit target?
What does this make your risk/reward ratio?
Most traders donโt struggle with strategy.
They struggle with execution.
They see the level.
They know the setup.
Then hesitate or break their rules.
NeuroTrading Sherpaโข is an AI trading assistant that helps you follow your rules in real time. โฌ๏ธ ๐งโโ๏ธ
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Courtesy of @StockChartPros