Treat trading like a business / job not like a gambling. Trading is continuous job. Trader who stands more make more money. Always remember Stock Market is not a Casio where you go to gamble, occasionally.
Protect your trading account. Never lose more than 1.5% of total account in signal trade. When you are wrong, get out. Use stop losses. You’ll find better trades.
Never be emotional. Take Calculated risk. Always keep in mind that all the trades will not be winning trades and there will be losing once.
Always remember nobody knows, what’s going to happen in the market so always do you due diligence.
Invest / Trade only in actively traded stocks and options.
Always consider your risk and reward on every trade
Stay away small cap and penny stocks.
Do not over risk or average down or revenge trading when stock goes down. In most cases, you will lose. When you are wrong, just admit and get out. You can enter later when the time is right.
Never get out of trade too early. Let your winners run.
Always have a plan that includes entry, exist, stop loss. For example, if you please is to make 500$ a day, stop trading after 500$ win or lose.
Buy Damaged Stocks, Not Damaged Companies
Expect, Don't Fear Corrections. It is not always clear when a correction will strike, so expect and be always prepared for one.
Diversify to Control Risk
Be flexible and adapt to current market condition.
Before you buy or sell, always look for recent news for that stock.
Avoid trading in first 15-20 mins of market open.
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