Top 5 Risk Management Rules:
1. Only Trade with Risk Capital
-Risk Capital is the amount of money you are willing to lose and do not include your living capital into your trading account!
2. 2% Risk Management
-The 2% Rule prohibits you from risking more than 2% of your account equity on each trade you are entering.
3. 6% Risk Management
-The 6% Rule prohibits...
Top 10 Trading Psychology Rules:
1. Plan the Trade & Trade the Plan
-Plan all the potential trades beforehand, and trade accordingly with your plans
2. Always be Disciplined
-Do not create excuses to break your own trading rules
3. Expect Losses
-Do not take a trade unless you are willing to accept the risk
4. Emotion Management
-Always analyze your trade...