Trading Strategy & Mindset - Focus on high-quality trade setups and avoid forcing trades to adhere to a trading strategy [3][5] - Master trading as a game by focusing on expectancy and units of risk rather than immediate monetary gains [10][11][12] - Avoid taking profits too soon, instead, predefine profit targets and risk management strategies to allow winners to run [24][31] - Focus on mastering one trading strategy at a time, emphasizing data-driven analysis and journaling to improve performance [35][38][42] Risk Management & Capital Preservation - Preserve capital by setting a maximum loss limit per day (e g, three total loss amounts) to prevent significant drawdowns [46][50] - Avoid setting and chasing daily profit goals, instead, reverse engineer success by focusing on a repeatable strategy and process-based goals [54][58] Psychological Aspects of Trading - Be aware of confirmation bias and actively seek reasons not to enter a trade to ensure objectivity [7][8] - Recognize that trading is about making money, not just being right, and focus on executing the plan precisely [20][23]
How to GROW A Small Trading Account FAST in 2025 [Full Guide]
Craig Percoco·2025-09-14 14:48