01. Moving a stop loss to 'breakeven' can save your account many times.\r\n\r\n02. Professional traders do not jack up their risk exponentially after every winner.\r\n\r\n03. Don't become overconfident after winning a few trades. \r\n\r\n04. Many traders increase risk after a winner, and this is a big reason they lose.\r\n\r\n05. You need to mentally accept that any one trade can lose.\r\n\r\n06. The first thing you need to learn as a trader is how to put the odds of success in your favour.\r\n\r\n07. It's not about being right or wrong, it's about the odds.\r\n\r\n08. Think and trade like a professional.\r\n\r\n09. Do not get hung up on your last trade.\r\n\r\n10. People who feel they have no other option but trading to make a living, are starting out with an emotional trading mindset.\r\n\r\n11. You will not become a professional trader from taking someone else's signals or subscribing to some signal service.\r\n\r\n12. Being patient in trading will make money much faster than if you aren't patient.\r\n\r\n13. Don't get lost in the temptation of the market. Focus on the bigger picture.\r\n\r\n14. To become a consistently successful trader, you have to have yourself mastered.\r\n\r\n15. Trading shouldn't be a random event with no structure or solid approach and routine behind it.\r\n\r\n16. If you struggle, go get help from other traders.\r\n\r\n17. Simplify all aspects of trading so that you don't fall prey to over-analysis.\r\n\r\n18. Think 'simple', trade 'simple'.\r\n\r\n19. Learn to love the discipline of routine. It gives you real power for successful trading.\r\n\r\n20. Trading is a way to potentially improve your life, but it shouldn't be all of your life.\r\n\r\n21. Don't become a training addict.\r\n\r\n22. You should never 'expect' to win any given trade, no matter how 'good' it looks.\r\n\r\n23. What to do if you lose often? A. Continue hammering the market B. Take a break and reflect.\r\n\r\n24. As a trader, you need to simply view losses as a 'cost' of doing business in the market.\r\n\r\n25. Most traders focus way too much on the reward of a trade and not enough on the risk.