Everything that we do is in accordance to a set of rules. The country we live, the organization we work and even on the road when we drive, these rules are meant to be followed. To break them is to invite trouble or mishap into our lives.
The most crucial part in the success of our trading is to be consistent.
To achieve consistency in our trading, we must have some parameters set so as to have the discipline in following them. It serves no purpose if you have a great trading system but do not have a set of rules to follow them. It keeps us from getting greedy and losing our objective. Obeying trading rules will eliminate the chance of emotional trading. Stick to them religious and they will always keep you on track.
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