1. Maximize Your Profits, Not the Number of Trades.
2. Don't Risk More Than 1-3% of the Capital.
3. Be Patient Enough to Wait for Good Trades.
4. Be Patient Enough to Avoid Closing a Profitable Position Too Early.
5. Don't Tie Yourself Down with Your First-Blush Opinion About a Position.
6. Immediately Close Your Position When the Initial Conditions Are Disrupted.
7. Make a Decision About the Stop Level Before Entering a Position.
8. Cut Losses Early, Protect Profits with Trailing Stops.
9. Return to a Trend if Your Previous Assumptions Turn Out to Be Wrong and the Trend is Progressing.
10. Focus on Big Market Moves. Don't Try to Catch Small, Noisy Fluctuations.
11. Focus on Price Patterns and Formations Rather than the Price Levels or Support-Resistance Levels.
12. Make Your Own Trading Plan.
13. Your Trading Method Should Be in Sync with Your Personality.
14. Maintain Discipline to Be Able to Strictly Follow Your Plan and Manage Risks.
15. It Is Only You Who Is Responsible for Your Trading Results. Don't Try to Blame the Market, Your Friends and Brokers, and so on.