Emergency Trading Rules

The Trader Medic wants you to follow your rules!

These are rules I am implementing immediately to stem losses…

  1. Risk Management
    1. My daily loss limit is $50. If I loose more than $50, I stop trading for the day.
    2. My weekly loss limit is $250. If I loose more than $250, I stop trading for the week.
    3. My monthly loss limit is $1000. If I loose more than $1000, I stop trading for the month.