Stop Loss: - Place it 1 pip below the low of the setup candle (for long) - Or 1 pip above the high of the setup candle (for short) Take Profit: - Target a 1:1 reward-to-risk ratio - If you risk 20 pips, aim for 20 pips in return This keeps the system consistent and prevents emotional tinkering. Remember: It’s about habits, not heroics. Step 5: Manage the Trade Once you’re in the trade: - Do not move your stop unless your system tells you to trail it - Do not stack more trades - Do not jump out early out of fear One trade. One plan. One outcome. The One Trade a Day Habit works WHEN you stick to the rules. Break them, and you’re back in the jungle of emotional chaos.
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