I objectively identify my edges- I predefine the risk of every trade
- I completely accept the risk or I am willing to let go of the trade
- I act on my edges without reservation or hesitation
- I pay myself as the market makes money available to me
- I continually monitor my susceptibility for making errors
- I understand the absolute necessity of these principles of consistent success and, therefore, I never violate them
Andrew Barnett is the co-founder of LTG GoldRock and is an avid Forex trader and blogger on the subject. If you have any questions or comments, please leave them below.
