My 10 trading rules
Rules in your head bend when you’re excited or upset. Rules on a card by your screen are harder to argue with.
Key points
- Write each rule as an action with a number. “Max 3 trades” can be checked; “be disciplined” can’t.
- Change rules only in your weekly or monthly review, and date the card each time.
Risk
- 1. Risk per trade: max ____ %
- 2. Daily loss limit: −____ R
- 3. Profit rule: stop at +____ R, or give back to ____ R
Trades
- 4. Only these setups: ____________
- 5. Stop where I’m wrong. Never moved away.
- 6. Session ____ to ____, max ____ trades
- 7. News: flat from ____ min before high-impact data
Me
- 8. After a loss: ____ min break + one journal line
- 9. After a big win: same size for ____ trades
- 10. Withdraw ____ % monthly; review every ________
Watch out
- Twenty rules nobody reads.
- Changing a rule after a bad day.
- Copying someone else’s numbers.
Key line: If it isn't on the card, it isn't a trade.