Astute traders ascertain their acceptable loss threshold prior to contemplating prospective gains from a trade.

Establish your exit strategy before initiating a trade. Recall that personal opinions are inconsequential; only market movements hold significance! Allow market dynamics to dictate its trajectory rather than your emotions! Disciplined traders react sagaciously and prudently to price fluctuations.

Trade in alignment with your individual temperament, account magnitude, and trading methodology! Identify your optimal timeframe, trade size, and financial objectives.

Resist being influenced by the profits reported by other traders. Trading is a solitary performance endeavor, and successful traders manage their portfolios without succumbing to the fear of missing out (FOMO).