Every trader must do these 8 things

Every trader must do these 8 things:

1️⃣ Take Only the Best Trade

👉 Only trade A+ setups

👉 If it’s not clear → don’t trade

2️⃣ Define Risk and Reward Before Entry

👉 Know your:

• Entry

• Stop loss

• Target

Rule:

👉 Risk small (e.g. –0.30)

👉 Target bigger (e.g. +0.60 or more)

3️⃣ No Setup = No Trade

👉 Some days you do nothing

👉 Doing nothing is a good decision

4️⃣ Limit Your Trades

👉 Take 1–2 trades max per day

👉 More trades = more mistakes

5️⃣ Cut Losses Quickly

👉 If your trade is wrong → exit fast

👉 Don’t hold and hope

6️⃣ Let Winners Reach Target

👉 Don’t sell just because you’re green

👉 Let the trade play out

7️⃣ No Exceptions

👉 Your rules matter more than your opinions

👉 Discipline > everything

8️⃣ Review Your Trade

After you’re done, ask:

👉 “Did I follow my rules?”

That’s it.

🧠 The Goal

Not to win every trade.

👉 The goal is to follow your system consistently

🏆 Final Truth

Good traders don’t take more trades.

👉 They take better trades and manage them well

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

1

1

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":552360157798944,"tweetId":"552360157798944","gmtCreate":1775890408301,"gmtModify":1775890422623,"author":{"id":10000000000010920,"idStr":"10000000000010919","authorId":10000000000010920,"authorIdStr":"10000000000010919","name":"Michael Esther","avatar":"https://community-static.tradeup.com/news/3c1d6c9d36c6dee17c15bf0517d8bec5","vip":8,"userType":8,"introduction":".\n","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":1336,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"Every trader must do these 8 things","html":"<html><head></head><body><p>Every trader must do these 8 things:</p>\n<p>1️⃣ Take Only the Best Trade</p>\n<p>👉 Only trade A+ setups</p>\n<p>👉 If it’s not clear → don’t trade</p>\n<p>2️⃣ Define Risk and Reward Before Entry</p>\n<p>👉 Know your:</p>\n<p>• Entry</p>\n<p>• Stop loss</p>\n<p>• Target</p>\n<p>Rule:</p>\n<p>👉 Risk small (e.g. –0.30)</p>\n<p>👉 Target bigger (e.g. +0.60 or more)</p>\n<p>3️⃣ No Setup = No Trade</p>\n<p>👉 Some days you do nothing</p>\n<p>👉 Doing nothing is a good decision</p>\n<p>4️⃣ Limit Your Trades</p>\n<p>👉 Take 1–2 trades max per day</p>\n<p>👉 More trades = more mistakes</p>\n<p>5️⃣ Cut Losses Quickly</p>\n<p>👉 If your trade is wrong → exit fast</p>\n<p>👉 Don’t hold and hope</p>\n<p>6️⃣ Let Winners Reach Target</p>\n<p>👉 Don’t sell just because you’re green</p>\n<p>👉 Let the trade play out</p>\n<p>7️⃣ No Exceptions</p>\n<p>👉 Your rules matter more than your opinions</p>\n<p>👉 Discipline &gt; everything</p>\n<p>8️⃣ Review Your Trade</p>\n<p>After you’re done, ask:</p>\n<p>👉 “Did I follow my rules?”</p>\n<p>That’s it.</p>\n<p>🧠 The Goal</p>\n<p>Not to win every trade.</p>\n<p>👉 The goal is to follow your system consistently</p>\n<p>🏆 Final Truth</p>\n<p>Good traders don’t take more trades.</p>\n<p>👉 They take better trades and manage them well</p></body></html>","htmlText":"<html><head></head><body><p>Every trader must do these 8 things:</p>\n<p>1️⃣ Take Only the Best Trade</p>\n<p>👉 Only trade A+ setups</p>\n<p>👉 If it’s not clear → don’t trade</p>\n<p>2️⃣ Define Risk and Reward Before Entry</p>\n<p>👉 Know your:</p>\n<p>• Entry</p>\n<p>• Stop loss</p>\n<p>• Target</p>\n<p>Rule:</p>\n<p>👉 Risk small (e.g. –0.30)</p>\n<p>👉 Target bigger (e.g. +0.60 or more)</p>\n<p>3️⃣ No Setup = No Trade</p>\n<p>👉 Some days you do nothing</p>\n<p>👉 Doing nothing is a good decision</p>\n<p>4️⃣ Limit Your Trades</p>\n<p>👉 Take 1–2 trades max per day</p>\n<p>👉 More trades = more mistakes</p>\n<p>5️⃣ Cut Losses Quickly</p>\n<p>👉 If your trade is wrong → exit fast</p>\n<p>👉 Don’t hold and hope</p>\n<p>6️⃣ Let Winners Reach Target</p>\n<p>👉 Don’t sell just because you’re green</p>\n<p>👉 Let the trade play out</p>\n<p>7️⃣ No Exceptions</p>\n<p>👉 Your rules matter more than your opinions</p>\n<p>👉 Discipline &gt; everything</p>\n<p>8️⃣ Review Your Trade</p>\n<p>After you’re done, ask:</p>\n<p>👉 “Did I follow my rules?”</p>\n<p>That’s it.</p>\n<p>🧠 The Goal</p>\n<p>Not to win every trade.</p>\n<p>👉 The goal is to follow your system consistently</p>\n<p>🏆 Final Truth</p>\n<p>Good traders don’t take more trades.</p>\n<p>👉 They take better trades and manage them well</p></body></html>","text":"Every trader must do these 8 things: 1️⃣ Take Only the Best Trade 👉 Only trade A+ setups 👉 If it’s not clear → don’t trade 2️⃣ Define Risk and Reward Before Entry 👉 Know your: • Entry • Stop loss • Target Rule: 👉 Risk small (e.g. –0.30) 👉 Target bigger (e.g. +0.60 or more) 3️⃣ No Setup = No Trade 👉 Some days you do nothing 👉 Doing nothing is a good decision 4️⃣ Limit Your Trades 👉 Take 1–2 trades max per day 👉 More trades = more mistakes 5️⃣ Cut Losses Quickly 👉 If your trade is wrong → exit fast 👉 Don’t hold and hope 6️⃣ Let Winners Reach Target 👉 Don’t sell just because you’re green 👉 Let the trade play out 7️⃣ No Exceptions 👉 Your rules matter more than your opinions 👉 Discipline > everything 8️⃣ Review Your Trade After you’re done, ask: 👉 “Did I follow my rules?” That’s it. 🧠 The Goal Not to win every trade. 👉 The goal is to follow your system consistently 🏆 Final Truth Good traders don’t take more trades. 👉 They take better trades and manage them well","highlighted":1,"essential":1,"paper":2,"likeSize":1,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/552360157798944","repostId":0,"isVote":1,"tweetType":1,"viewCount":279,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":797,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/552360157798944"}