01. If you're thinking about your trades all the time, you've probably risked too much.\r\n\r\n02. Remember, ANY trade could be a loser! \r\n\r\n03. A good trader is defined by his or her ability to manage risk.\r\n\r\n04. Risk management decides the fate of your entire trading career.\r\n\r\n05. Your mental energy must be focused on the trading variables that you CAN control.\r\n\r\n06. Traders fail to secure solid profits because they are hoping for a bigger move.\r\n\r\n07. Winning and being a winning trader are two different things.\r\n\r\n08. Trading can be gambling, if you let it.\r\n\r\n09. You do not need a lot of money to use a wider stop-loss, simply reduce your position size.\r\n\r\n10. It is NOT OK to be a loser. A. I refuse to be a winner. B. I think and trade like a successful trader.\r\n\r\n11. Day-trading will probably cause you to lose money faster than a trip to the casion.\r\n\r\n12. Don't start convincing yourself "I'M RIGHT!" about your next trade.\r\n\r\n13. Any individual trade has essentially a random outcome.\r\n\r\n14. If you have a track record of successful trading on a live account, even a small one, you ARE a successful trader.\r\n\r\n15. A good trader can make money regardless of account size.\r\n\r\n16. You have to be able to read the story on the chart & understand what it's trying to tell you.\r\n\r\n17. Those who succeed at trading are masters of themselves.\r\n\r\n18. Successful traders have a good mix of gut feel and analytical trading abilities.\r\n\r\n19. Being overly-analytical and overly-emotional can be BAD for trading.\r\n\r\n20. You don't need to be a college graduate to be a successful trader.\r\n\r\n21. Remember, trader.... Don't repeat the same trading mistakes in the past week.\r\n\r\n22. If your capital management & risk control sucks, you're going to be a loser.\r\n\r\n23. If you don't have proper mental skills, even a winning strategy will lose.\r\n\r\n24. Mental skills are the key to trading.\r\n\r\n25. The way that you manage your risk and your capital is the true "secret" to trading.