Just learnt an important lesson recently, after going through a day of higher than expected losses.
The lesson is: Create an extremely stringent set of rules so that it completely filters out any discretion whatsoever.
Because if your strategy rules aren’t stringent enough, after some losses you may end up wanting to take more and more trades just to “get back” at your initial losses, and these trades may be ill-advised ones.
And it makes you even more upset when you lose even more.
This is just my own experience.
I personally feel it would be better for me to have multiple stringent rules and indicators so that I don’t take bad trades and start getting upset and want to trade more.
To be more specific, in my case here I’m talking about using multiple indicators to make absolutely sure that I’m in a legit trend (and not in consolidation) before taking a trade.
I Don't Have A Course To Sell 