In summary have a daily drawdown. Once u fail to that level, quit the market for the day no matter how chart later look good in that same day don't come back till next day.
Avoid high leverage so that u don't need to set huge SL that cost u more than -100% loss in a trade. If u insist in using high leverage then u shouldn't use more than 1 or 2% assets to trade. So that u will hv access to even fail 5 trades in a day before reaching the draw down.
If u understand this explanation of daily drawdown and if u understand my daily explanation of use of leverage, u will become a good trader even if your technical analysis skill is not deep.
1July 25, 2025 28
