$PI - Do not chase highs: mastering this puts you ahead of 50% of traders.



- Only trade in the direction of the trend: mastering this puts you ahead of 70% of traders.

- Wait for pullbacks before entering: mastering this puts you ahead of 90% of traders.

- Manage your position size and set proper stop-losses: mastering both puts you in the top 2% of winners.

The hardest part of trading isn't the market itself, but whether you can consistently stick to these four simple practices for ten years.
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