The beginning of tough discipline

Finally, I recovered, you can return to trading. Now I want to tighten my discipline and start trading only according to my trading strategy. Here are some small rules :

  • I don’t trade in the first hour and at lunchtime
  • Only by trading plan
  • Risk profit 1 to 5
  • Stop 5-10 Cents
  • Potential not less 50 Cents
  • Familiar models only
  • Trends only
  • Smooth promotions
  • Адекватные
  • Stop is transferred to zero
  • Starting position 500 Shares
  • We buy in addition if there is a possibility
  • If there is nothing to trade, не торгуем
  • Looking forward to a good entry point
  • Watching the tape
  • Simultaneously no more 2-3 positions of open
  • We minimize risks
  • Try to gain position with limit orders
  • Only competent deals
  • I divide the limit by 2 parts (60% morning and 40% evening)
  • Trade only selected stocks
  • Not more 2 deals on 1 share
  • Rest after 2 минусовых сделок
  • From the maximum profit per day, no more than the daily limit

Discipline is not easy, but I must become the most disciplined trader.

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