Trading rules form the basis of risk management. Here's a sample list of trading rules:
HIGH PROBABILITY TRADES ONLY!
USE STOP LOSSES AND SET TAKE PROFIT LEVELS!
DON’T EXCEED POSITION LIMITS!
WIRE DAY’S GAINS INTO ACCOUNT ONCE DAILY PROFIT TARGET HIT!
EXIT TRADES IF RISK:REWARD NO LONGER FAVOURABLE!
CLOSE ALL POSITIONS BY END OF THE DAY!
NO TRADING AFTER 11PM!
DON`T TRADE FOR MORE THAN 3HRS STRAIGHT!
DON`T TRADE MORE THAN 5HRS A DAY!