Skip to content

Latest commit

 

History

History
13 lines (11 loc) · 626 Bytes

mantra.md

File metadata and controls

13 lines (11 loc) · 626 Bytes

🧘♂ Mantra

  • Charting in 15 min timeframe or higher. 1 min timeframe for entries only.
  • Need 3 reasons for entry. (e.g break of a downtrend, supply zone, golden cross).
  • Only limit orders, NO FOMO.
  • Always TP (take profit) and SL (stop loss), no exceptions.
  • No more than 20% loss in a single trade.
  • R/R ratio (Reward to Risk) should be at least 1.5:1.
  • Don’t convert day trade into swing trade.
  • If you lose because you don’t follow your own rules, punch a wall as your own punishment.
  • If you lose 3 times in a row, you’re done for the day.
  • Don't catch falling knife, wait for price to come to you.