1) Positive expectancy model
2) Risk of ruin must be 0%
3) Rules must be defined in advance, not during execution
4) Preservation of capital by using proper position sizing and risk management
5) Must fit your personality, comfort zone, and lifestyle
6) Must be able to sleep at night
7) Trading is a business, treat is as one
Even the largest ocean started with one drop of water. Every journey starts with one drop of knowledge that builds the path towards your future goals.
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