The Day Trader’s Pledge
Trader's Pledge: Read Aloud
The Day Trader's Pledge
I solemnly pledge, from this day forward, to uphold the principles of a risk-first trader. I shall diligently establish and adhere to my risk parameters before entering any trade. I vow never to compound a loss by adding to a losing position, and I will ensure that my daily drawdown shall never exceed the limits I have pre-defined. I recognize that to neglect risk management is to embrace the path of a gambler, and gamblers risk losing all.
I also pledge to maintain unwavering discipline, to follow my trading plan with consistency, and to avoid impulsive decisions driven by fear or greed. I understand that mistakes are inevitable, and I commit to learning from each one, viewing them as opportunities for growth, rather than setbacks.
By my Creator, I have been endowed with a sound mind, a resolute heart, a tenacious spirit, and the capital necessary to achieve success. It is my duty to be a faithful steward of these blessings—my intellect, my fortitude, and my resources.
In all my trading endeavors, I shall remain steadfast as a Risk-First Trader."
By MicrosTrader.com
