ilmscore | 7 Trading Rules That Changed My Life

7 Trading Rules That Changed My Life

Published: 2025-07-23
Status: Analyzed

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Prediction
Topic
Status
Traders who do not follow their established plan will consistently lose more money than they win.
"And believe it or not, what happens when you trade against your plan? You end up losing more than you end up winning."
Trading performance
Pending
Trading while in an emotional state will likely lead to repeated losing trades and ultimately the loss of one's entire trading account.
"what happens if you guys are already sad and then you guys go and place a trade and then you guys lose that trade. You're going to crash the [ __ ] out. You're going to probably want to place another trade because you want that dopamine hit... And then boom, guess what happens? we end up losing our account."
Trading psychology / Risk management
Pending
By identifying and eliminating losing behaviors while increasing winning behaviors through trade journaling, a trader's win rate and overall profitability will increase.
"when you stop doing the things that are causing you to lose, and when you do more of the things that are causing you to win, guess what happens? Your win rate goes up and your money goes up."
Trading strategy / Performance improvement
Pending
Consistent daily effort towards self-improvement (even 1% better) will lead to exponential growth and 'lucky' opportunities in trading and life, while inconsistency will cause one to miss out on significant advancement.
"But if we aren't showing up every single day to get 1% better, we might miss those 300% better opportunities. We might miss those 400% better days. And the only way to see those exponential growth and to be able to literally create your own luck by being in the position to be able to get lucky is by showing up every single day and being consistent."
Personal development / Long-term success
Pending