Coming in with rules!
After discovering Sykes on Impact Theory, closely listening multiple times, and studying Tim Sykes' free material ALL OVER THE WEB, I have decided to take a stab at this - so to speak. I have decided to devote myself to this full time, as often as possible. 

I don't have enough scratch for the Trader Challenge. Accumulating that is goal one. Possible milestone: the Master's package. 

Opening account: $1k. 
My bills are paid for 2 months and I've still got money coming in, so I am going into this with a net - not diving off the deep end. 

This coming week, my first week trading, will all be on paper. 

Here are the rules I've accumulated: 

1. CUT LOSSES EARLY (yeah, I was listening the third time)
    1a. If a trade deviates from the plan, LEAVE
    1b. When in doubt, GET OUT

2. HAVE A PLAN (could be rule number one so that there can be a plan to leave, but nahh. #1 is cut)
    2a. Only invest when you know why
    2b. Know your entry and exit points 

3. NEVER PLAY WITH MORE THAN 10% OF YOUR ACCOUNT (I may make this smaller as my account grows)

4. NEVER EVER PLAY WITH MORE THAN 10% OF YOUR ACCOUNT (Even after it grows)

5. TARGET RISK:GAIN RATIO IS 1:5

6. POST EVERY TRADE 

 

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Thank you so much Tim, Tim, Tim, Dux, and everyone who has faithfully studied under these fine people and so generously shared their knowledge and training. I am coming into this well informed, prepared, confident, and cautious. NOT guns blazing, but rifle ready and finger on the trigger. 

Wish me caution! 

Cortland