My Journey to Better Futures Trading: Key Lessons Learned ๐
The most powerful strategy that transformed my trading wasn't just about technical analysis - it was about psychology and preparation.
Key Components of My Daily Routine:
Pre-market analysis (15 mins): Review daily/weekly charts
Set clear entry/exit points BEFORE trading
Use OCO orders to manage both stop-loss and take-profit simultaneously
Never exceed 20x leverage (usually stick to 5-10x for safety)
Golden Rules I Never Break:
No revenge trading after losses
Take breaks after 3 consecutive losses
Keep emergency funds separate from trading capital
Set daily loss limits and STICK to them
Pro Tip: Screenshot your analysis before entering trades. It helps prevent emotional mid-trade changes.
Remember: The market will always be there tomorrow. Preservation of capital is your #1 priority.