1) I objectively identify my edges
2) I predefine the risk of every trade
3) I completely accept the risk and/or I am willing to let go of the trade
4)I continually monitor my susceptibility for making errors
I understand the absolute necessity of these principles of consistent success and therefore, I NEVER VIOLATE THEM!
I have this taped up onto the side of my monitor. I pulled it out of a book but I can't remember which one. Just some good words to follow and to live by as a trader.
