TFL365 - Sample Weekly Profit/Loss Tracking - Brad's Rules

Some of Brad's 18 rules .... very good and dimple yet informative interview.

• Testing an account using $0.20 per pip trading, over 9 weeks. 
  
• Bringing account up from a draw down of $600, doubling it with new "cloud method"
  
• Aiming for another double to $4,000. which will serve as confirmation and validation to add more funds to account.
  

RULE # 1

A system that does not include rules and procedures for risk management 

is not a complete system, it is just a high probability pattern.

http://tfl365.com/tfl-61-bradleys-trading-rules/

RULE # 4

Learn to take a loss. Every trade must have hard stop loss from the moment it is opened, and that stop loss should only move in the direction of the target. Trading without losses is impossible.

RULE # 5

Experts are more successful than generalists. 

Challenge yourself to trade only one system on only one financial 

instrument and ignore the distraction of shiny new trading systems.

RULE # 13

Keep your trading boring. It is bookkeeping not sky diving. 

Seek excitement in other areas of your life. Entertaining trading is losing trading.