Rules For Trader

I am a trader of currencies and my focus here is the forex market. However, many the
principles contained herein can be applied to any commodity or equity market. Whether one is trading pounds or pork bellies, for pips or points, trading is trading.
These rules are to be followed to the letter. Ignore them at your peril.

Rules summary :

Define your long-term goals
Treat trading as a business
End every day in profit
Every trade must conform to objective criteria
Never force a trade
Always have a profit target for the day
Always stick to a small daily profit target
Your initial trading stake should be small
Do not enter a trade without a profit target
Always set a hard stop
Do not trade unless you are nearly 100% certain about what will happen
Do not trade when signals are mixed
Follow your system
Look at longer timeframes for both support and resistance, and for clues r
future price direction
Be aware of peak market times
Be careful when trading in the Asian session
Be careful when trading forex on non-news days
Avoid reversing trades
Stay out of the market near news release time
Watch your broker like a hawk
Stop trading after two consecutive losses
Take profits quicker after a losing streak
Be wary of chat rooms and online forums
Stay healthy
Don't give up