1. I objectively define my edge, remember that trading is a pattern recognition numbers game.
2. I am rigid in following my trading rules and plans, this keeps me objective and my psyche happy.
3. I am flexible in my expectations, I adapt to change quickly, keeping in flow with market opportunities.
4. I act on my edges without hesitation or reservation, I never miss an opportunity to reward myself.
5. I think in probabilities, therefore the odds are always in my favour when I put on a trade.
6. I choose long term consistent profitability over every other reason for trading.
7. I increase my bet size when the odds are very high in my favour, I pay myself well.
8. I immediately reduce my bet size when the odds are in any doubt, I like to reward my efforts.
9. I predefine the risk on every trade, I know the cost of doing business regardless of the outcome.
10. I completely accept the risk or I am willing to let go of the trade.
11. I am patient, confident, trust and truly believe in what I know and am doing.
12. I am always happy to take a small profit rather than a loss.
13. I react to the market, I do not anticipate the market.
14. I practice, practice, practice.
15. I pay myself as the market makes money available to me.
16. I continually monitor my susceptibility for making errors.
17. I acknowledge mistakes objectively in a positive manner, learn and then correct.
18. I understand the absolute necessity of these principles and therefore never violate them.
