- your portfolio is not an ATM
- Patience is a virtue in trading
- Control the downside rather than the upside
- when your setup is not there, dont trade
- Focus on “what” over “why”, preparation > prediction
- progressive Exposure and taking profits
- beware of social media
- there is always another trade
- your main job is protecting your capital
- make mistakes but don't quit
- don't look (too often) at your balance
- recognize the transition after a good period and make a break
- limit your lost, not limit your profit
- take profit (20%) and move the SL over the entry price. Let the other 80% ride and trends work