1. Maximum of 1% risk per trade

This is obvious, but there are still many traders who apply this principle still cannot doubt and abide by it. The 1% figure may seem small, but it is little for the profit, and for the risk, it is not less. So, if we want to live well with trading then just apply this 1% rule in the simplest way.

2. Maximum of 7% risk on all trading

This principle is also too clear and easy to understand. But why are there still brothers who know this principle, but when looking at the trading results, there are sometimes 20% -30% negative accounts?

3. Only move your stop loss when the market is trending

Trailing stop loss is an advanced trading technique that requires traders to have skills in assessing the scene and assessing a quality stop loss. It's not too hard to grasp and one of the most important stop-loss principles is that the market must be supportive. So, before deciding to move the stop loss, traders should check its trend and momentum.

4. Focus on the quality setting

To focus on a quality setting, the trader only needs to evaluate that set according to the principles of the method. Thus, setting up that trade, not knowing whether to gain or lose, but before that, it follows the principle of being seen as a quality setting.

5. Take profit when the trend weakens

It is not difficult to judge a weak trend. But the problem is that a lot of traders see the trend weakening but still fail to exit and then end up losing the lot meaninglessly.
If we understand this in the simplest way that the trend is weaker then exit, then your trading will be much simpler and more efficient.