SUCCESSFUL TRADING by @TraderHMS.
(a thread)

(1) Have a PLAN

You need to have a solid trading plan. The trouble is that most traders trade without any definitive WRITTEN plan. Trading is a business and all successful businesses need a business plan to guide decisions and operations.

(2) DEFINE your methodology

What exactly is your methodology? If you cannot answer that question, you are not ready to be risking money in the markets.

(3) No EDGE, no trade. 

No amount of focus on the mental game can substitute for skill and preparation and the need for strategies that possess an objective edge in the marketplace.

(4) Avoid short-term COMFORT.

Short-term comfort translates into a downward sloping equity curve. Sitting with losers and taking small profits may feel good but will cost you a disproportionate quantity of money over time. Don't do it.

(5) Stop looking at your P&L during the trading session.

Traders who are obsessed with the value of their accounts during the course of a trading day are destined for failure. Attachment to money will make you trade poorly. TRUST your process and check your account balance ONLY on weekends.

(6) THINK before you act. 

Successful traders spend more time identifying good trading opportunities than actually putting on and managing trades.

(7) Don't OVERTRADE.

The ability to watch the market and not being tempted to trade it outside of your predefined trading plan is rare and very valuable. Stay strong.

(8) You need EXPERIENCE.

There are no overnight successes in trading. The most important thing to becoming a good trader is to trade. You have to pay your tuition fee (time and losses).

(9) Don't trade too BIG.

If people can tell by looking at you whether you're having a good or bad day in the markets, your positions are too big. SIZE accordingly.

(10) After you do the work, you must have CONFIDENCE in yourself.

You must believe that you will win in the long term if you stay on course. You cannot win if you don’t believe in yourself.

(11) Find your NICHE

A trader that chooses to be master a specific type of trading method or trading vehicles has a much better chance of success than the traders that dabbles in many different things and is unable to make much progress.

(12) QUANTIFY everything you can about your trading.

Quantified trading is knowing if you trade your pattern/setup enough times your edge will show up. 

(13) Trading EDUCATION is important but there is no substitute for EXPERIENCE. 

More anatomy study won't make you a surgeon.

(14) Be ORIGINAL and FLEXIBLE

You need to find a trading niche (11) and need to adapt to changing market conditions.
Originality and flexibility are two good predictors of long-term trading success.

(15) Learn to LOSE

What winning traders share: they all understand that losing is part of the game, and they have all learned to lose. Accept losses gracefully and move on to your next trade(s). New highs on your equity curve will come from trades you are yet to make.