Best Practices For Traders

Keeping risk-taking down until you see markets clearly- Losing small and gaining big is what makes for excellent risk-adjusted returns.  Accepting that you’re not seeing things well is half the battle.  By continuing to actively engage markets in small size, you give yourself an opportunity to regain perspective.  Trading larger or more often out of the frustration of losing is a recipe for disaster.
*  Focusing on yourself - Very often, losses occur because market patterns have changed.  Slumps occur because your mindset has changed.  By working on yourself before you go hard at markets, you place yourself in an optimal mindset to press your advantage


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