13. Never Trade On a News Basis
Trade only on proper setup, news base trading is nothing but random trading and from random trading, traders expect random results only. It is not a sustainable method of trading. So traders have to avoid news base trading strictly.
14. Never Trade With emotions
Try to do emotionless trading, because most of the time there is a chance that emotional decisions are mostly wrong in trading. To control emotions, trade with a small quantity till getting confidence on setup.
15. Never Trade Randomly
Random trading gives only random results, it can’t give consistent results, so traders have to try consistently the particular strategy or setup, and don’t change setups frequently due to setup-changing habits traders can’t get insights or an edge in a particular strategy or setup and it’s my personal experience.
