Limit the drawdown value per month like 5 to 6 % of

capital.
Say in month if you lose 5 to 6 % of capital at any time of the month stop trading for that
month. Start fresh new month with the remaining capital as new 100 % capital

If in last month you hit your max drawdown limit, you start with half risk in nest month
atleast for 3 first three trade. Say if regularly you trade with 1% risk of your capital on any trade,
after drawdown you start fresh with 0.5% risk of your capital for three trades. If you get success in
this trade then you can go with the initial risk % i.e 1.00% in this case. If in the new month again if
you hit the max drawdown limit stop trading for that month again and come on 1st of next month
with fresh idea and fresh mind again with reduced % risk of capital.
1 ANYTHING CAN HAPPEN

No matter how much promising looks the setup, it may go looser. So to accept this fact
before taking the trade will help you have less pressure.

2. YOU DO NOT NEED TO KNOW WHAT WILL HAPPEN NEXT

If your system has edge, you only have to follow your system. No matter what is the current
market situation or what other says about the market of the particular script. You never need to
know what is going to happen and you can never know.

3. THINKING IN PROBABILITY

4. LIVING IN THE NOW MOMENT

5. EVERY MOMENT IS UNIQUE

No matter how same the setup or pattern in the next script but the result is never going to
be same.