1. Know your prey:

When lions want to catch a buffalo, they will not attack the first one it sees. They analyze the behavior of buffalo herds and look for potential weaknesses. By the time the lions are ready to strike, they already know where their prey is, where to attack, and how to get the fattest buffalo with the least amount of effort.

Like in the case of the lion, it is essential for traders to gather data before execution.

For example, before you enter a EUR / USD trade, you must first know what factors can influence its price action and where to place the order gives the best risk/reward ratio.

Ask yourself questions such as “What economic reports do currency pairs usually respond to? When did this pair move the most? What factors could change its current trend? "

Collect data and turn them into probabilities.!

2. Wait for the best chance to attack:

Once you have gathered complete information about your prey, use that information to your advantage. After all, hunters usually only got one chance and if they missed it, the prey was lost. You don't want to waste all that research on catching the smallest prey, do you?

The difference between an average hunter and a skilled hunter is that a skilled hunter waits until the time comes.

Don't waste your chance by jumping in and trading frenzy. Be sensitive to market signals and wait for the best possible trade.

3. Follow the plan:

A crocodile does not hesitate to jump out of the water until it catches its prey. It is simply the execution of the plan. For traders, do what needs to be done.

Make trading quickly, dynamically, accurately, and confidently. Don't let fear and greed get in the way of your performance.

Of course, always re-check and evaluate your trading strategy, don't be too subjective.

4. Track and adjust:

A brocade cheetah can always come across a tough gazelle, causing its attack to fail. Should the cheetah use a different approach? 

Markets are subject to change and zero tolerance.

Just because AUD / USD consistently reacts negatively to the RBA's rate cut doesn't guarantee that it will act similarly this month. If the actual trading scenario is different from the one you originally envisioned, then it's time to make an adjustment.

The first step is to look at alternative strategies or scenarios that you may have come up with earlier. Then, weigh on your options.

Should you cut your losses or let your profits decrease? Should you add to your existing position or close it and wait for another opportunity? Whatever your decision, remember to choose a path with minimum risk and maximum return.

5. Constantly improving experience:

The best hunters are those who have learned the most from their own previous experience. For hunters, prey is their food. A predator will starve to death if it does not stop gaining experience.

Just like in the market, traders with steady returns are not the ones who trade the most, but those who learn from their experience and continue to improve their trading skills