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1. Decisions – You must decide what markets you will trade and on what time frame.
2. Homework – Learn what actually works in the market to create profitability.
3. Adjustments – Discover what makes you money and what causes losses. Make adjustment to do more of what works and stop doing what costs you money. Trading is a learning process in the areas of risk management, position sizing, discipline, focus, and process.
4. Quantify  – Predictions and opinions are not the path to profitability in the markets. Trading with an edge is what creates profits. Entries, exits, position sizing, risk exposure, and signals must all be quantified before making any trades.
5.  Improving – Traders can always get better in the process of trading by making adjustments on their weaknesses in the areas of managing their mind, method, and money.