1. Good money management
2. Always follow the trend
3. Risk:Reward ratio more than 2.
In this way probabilities are on your side, everything else is a mind game. Good luck
(I trade 4H and daily chart)
Jamie Saettele, CMT has been an active trader since 2005, is co-founder of SB Trade Desk, and Senior Technical Strategist at Forex Capital Markets in New York and author of Sentiment in the Forex Market. Risk Disclaimer: http://goo.gl/CR5SFz
Founder and President Dragonfly Capital. Managed Accounts, Premium Service and free blog at Dragonflycap.com, Professional Stock and Option trader, Author, Get my book here http://amzn.to/1gKxEVv, Adjunct Prof at Case Weatherhead School of Management
Co-Founder and Chairman of Stocktwits, Founder of Wallstrip (Acquired by CBS), Managing Member of Lindzon Capital Partners (Hedge Fund) & Managing Member of Social Leverage (an early stage web holding company) ...I have lots of ideas. Toronto boy.