What counts as cheating in your own trading rules?

Rules you set yourself are easy to bend: "that wasn't really a breakout", "I'll close this one manually just this once". Self-cheating is invisible to everyone but the account balance.

What counts as cheating in your own trading rules? — support and resistance diagram
Price bouncing between support and resistance

What are your tell-tale bends?

  • the rule you most often reinterpret
  • how you catch yourself doing it
  • what enforcement actually works
What counts as cheating in your own trading rules? — drawdown and recovery diagram
An equity curve during a drawdown and its recovery

The journal guide is where cheating becomes visible — which is half the cure.

Background: How to build a forex trading plan that survives losing streaks

A trading plan is the difference between a system and a mood. Here is exactly what belongs in one, how to write it in an afternoon, and why the losing-streak test decides whether it is real.

What is the difference between a trading plan and a trading strategy?

A strategy is the setup — when to enter and exit. A plan contains the strategy plus risk rules, routines, no-trade conditions and review procedures. The plan decides how the strategy is executed.

How long should a trading plan be?

Long enough to be unambiguous, short enough to be read before every session. One to two pages is typical; every rule should be specific enough that a stranger could follow it.

Read the full guide

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