Capital preservation comes first. You can't compound an account to zero. Cap risk per trade at 1–2% and your daily loss at 3–5%.
Always trade with a stop. Mental stops fail under pressure. Place the order with the broker the moment you enter.
Aim for asymmetric reward. A 2:1 or 3:1 reward-to-risk ratio means you can be wrong more than half the time and still profit.
Track your stats: win rate, average R, expectancy. Numbers don't lie — they show you exactly which setup deserves more capital.
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