Since I have made so many stupid trades. I will write down my rules and review it daily.
1. Write down the plan for any trades with predetermined risk. Cut losses quickly.
2. Only trades multi-days, weeks, months break-out with volume and/or catalysts.
3. Only trades weak open r/g or VWAP reclaims.
4. No FOMO trades. Especially seeing others people make money on setups that I'm not familiar with.
5. Each trade is individual. It's okay to be wrong, as long as I follow my plan.
#4 is one of my biggest weaknesses
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