I fail mostly when I found new holy grail and increase my position size , Below is my advice , please share your learnings advice too.
If you found something new and works regularly , you may feel that you got a holy grail…
1.Don’t increase your position size at once , increase slowly
2.Your method can fail any time , keep strict SL .
3. Don’t have too much conviction / over confidence , be humble for at least few months till you see all kind of market movement.(uc , lc , consolidation , iv spike , iv decay)
4.Always think about how much loss you will make if you fail instead how much profit you will make if you are right.
5.Cut loss quick (No over trading after Loss) , Run your profit ( play with small position size after you get good profit ) , because our psychology will be better.
P.s : there is no holy grail