Lessons for the upcoming bull market that EVERYONE needs to remember. Trust me, you'll want to bookmark this one: • Take profits on the way up, NOT just at the top (you'll never time the top). • Every trade needs an invalidation - fundamental, price, and/or time stop. • Do not over-leverage. Most shouldn't touch leverage at all. • Journal every single trade. The thesis, stop, and post-trade reflection. • Cut losers fast. Add to your winners. • Don't trade out of boredom. • Trim your watchlist regularly. • If/when you hit a big trade, don't be afraid to take time off. • Convert profits to fiat. Keeping stables/liquidity on exchanges makes it easier to round-trip. • Rule of thumb: risk 1-3% of portfolio size per trade. What am I missing?(Miles Deutscher)