Trading Rules
Trading rules are a set of objective, pre-defined criteria that govern every aspect of a trader's decision-making — what to trade, when to enter, where to place stops and targets, how to manage risk, and when to stop trading.
Why it matters for traders
Rules convert a vague trading strategy into an executable, repeatable process. They reduce the impact of emotions by removing discretion from high-stakes decisions. Rules also create a basis for performance analysis — 'rules followed' vs 'rules broken' outcomes.
How Tradapt tracks this
Use the rules followed field on every trade in Tradapt to track whether you followed your defined rules. Analytics will show the performance difference between on-rules and off-rules trades — which is often dramatic.
Track this free in TradaptFrequently asked questions
What trading rules should every trader have?
At minimum: maximum risk per trade (e.g., 1%), daily loss limit, minimum setup criteria for entries, stop loss rules, and conditions for stopping trading (consecutive losses, daily loss hit). More specific rules depend on your strategy.