# Rule One: Exit Immediately When Wrong

Don't fantasize about a rebound, don't think about waiting a bit longer. Once your stop-loss is hit, cut it. If you don't execute that cut, the market will do it for you—and far more brutally.

# Rule Two: Stop Trading After Consecutive Losses
I set this as a hard rule for myself—lose a few trades in a row and I close the terminal and walk away. When the market isn't cooperating, the harder you push, the more you lose. Only people who can stop have the right to survive to the next cycle.

# Rule Three: Cash Out Your Gains
The numbers in your account are fake until you withdraw them. Every time I make a certain amount, I must take some profits out. Many people refuse to exit after profits, then lose it all in a single drawdown.

# Rule Four: Only Trade Trending Markets
When the market is ranging, even experts struggle to make money—don't even think about it as a regular trader. No direction? Don't move. Wait for the trend to emerge, then execute hard.

# Rule Five: Always Keep Position Size Light
Never go heavy, no matter how confident. Never go all-in. Light positions let you hold through volatility and execute discipline. Heavy positions distort your judgment.

Most people can't master these rules—not because they don't understand them, but because they can't execute them. Everyone wants to get rich in one trade, then they're out in one trade.

Here's the truth: futures contracts are never a shortcut to wealth—they're a specialized tool for harvesting people without discipline.

If you really want to survive in this market, forget about how much you'll make. First, learn how not to die.