Thou shalt have no opinion other than price action.
Thou shalt not make for yourselves any prediction, forecast, hope, or fear that causes you to trade against the market’s trend.
Thou shalt not deviate from your written trading plan or trading rules.
Remember your original stop loss to keep your losers small.
Honor your entry and exit signals so you can trade long term and enjoy profitability.
Thou shalt not risk ruin by trading a position size that could destroy your account after consecutive losses.
Thou shalt not deviate from your trading style and methodology.
Thou shalt not steal trading ideas, for you do not know their position size or time frame.
Thou shalt not make trades based on opinions or emotions but rather based on quantifiable facts.
Thou shalt not covet other trader’s returns, methods, or winning streaks. Each must trade what fits their personality, and follow their own path to trading profitability.
