Here are some hard-learned resolutions we made over the last decade in one high-intensity capsule
-
I will always wait for the right trade
-
I will not trade with the money I cannot afford to lose
-
I will not gamble. I will not do 50–50 trades. I will trade only high probability trades
-
I will sit out and not take a trade if market is not clear
-
I will not take unplanned impulsive trades
- I will not go against the trend
-
I will not overtrade with too many positions
-
I will not buy OTM Options like lotteries
-
I will never gamble on events
-
I will never trade when I am emotionally unstable
-
I will trade less frequently and take breaks
-
I will always always keep stop losses
-
I will invest time in learning, planning, and analyzing
-
I will cultivate discipline, patience, and aggression
-
There is a life outside. I won’t get addicted to trading
If you enjoyed reading this, please check out the Trader’s Manifesto by Sensibull. It is a wealth of small nuggets of trading wisdom
We wish you the very best of things in 2021!
Team Sensibull
Follow us on our social media handles for more such info!