Lessons learned

Lessons learned so far. As time goes by, I hope to expand this list.

1. Respect first support / resistance areas. Set possible TP here.
2. Remain faithful to your original order setup (SL and TP), especially if they have been well thought-out. Avoid impulse trading. Exception: release of big news
3. Do not overtrade. Trade quality setups only.
4. Entering at the end of a retracement presents the best opportunity to maximise R:R and probability. 
5. Do your own homework
6. Question EVERYTHING, even if it comes from Dr. Alexander Elder (i.e. the 2% rule)
7. Use context-sensitive, self-adjusting rules rather than hard, arbitrary rules
8. Equity curve growth rate is influenced by profit factor, equity risk % and frequency of trades.