1. Never put take profit. We can never know when a trade ends.

2. SL must be put 1/3, or 2/3 when its broke from a range zone, or must be put below/above + 10 pips the candle which breaks a trendline.

3. Enter only on breaks, use only STOP orders (no limit orders)

4. Before entering, check the trend direction. Primary, Secondary, Minor.

5. Everything is reflected in the price. Don't watch live economical programs, and don't even read news, or read news but ignore totally when trading. Just concenrate on the chart.

6. Hide your equity! It will cause less psychology from your side, just see the chart.

7. Every trade is unique and different. Consecutive lows happen, bigger drawdowns happen, you cannot ignore it.

8. Build trade pyramids! Re-enter everytime when a CT breaks during a trend, position sizes: 1x; 0,8x; 0,6x; 0,4x; 0,2x; 0,2x; 0,2x; and so on..

9. Never use fixed stoploss! Relate your stoploss always to market levels.

10. Pay more attention when a level is confluenced with more tools, that level is going to be strong hard to break.

11. When a trade goes with you, and trade pyramids are setting up ALWAYS move your stoploss to secure more and more profit. Again, move only towards market levels and not keep a fixed ratio.

12. Every trade can be opened which RR ratio is bigger or equals to 1:1.

13. Move to breakeven your stoploss as soon as the price touched a level where a reverse is expected.

14. Don't listen to others, just trade your strategy. Listening to others opinion will confuse you and possibly result in an always-moving stoploss.

15. Do NOT overtrade. If a signal comes - like a robot, you enter and set stoploss. If a signal doesn't come - you wait, and seek for next opportunity.

So, that's the end! I hope you guys understood the basics of the strategy, and thanks for your attention!

Have a nice trading,

Stockwalker