i am primarily a discretional trader, spending all my time watching price and volume and trying to identify changes in supply/demand.
the only rules i try my hardest to follow are to lose as little as possible, make as much as possible and have as many free trades as possible. ( quite obvious).
I try to be dynamic in my thinking and never fall into a trap of expecting the market to react a specific way because I beleive that it should given some price pattern, I try to be on top of all possible outcomes as price approaches key S/R levels. sometimes doing the opposite to your intial thoughts is better, ( if you are losing or are not consitantly profitable have you thought about taking an opposite position to your initial analysis, maybe you wouldnt lose as much, i thought about doing this in my early days)
I never go into a trade expecting it to work out, i am always willing to lose my 3 ticks so i dont hesitate in pulling the trigger if my intuition is telling me to take the trade. as price moves in my favour i will refer to a higher time frame and make a quick decision whether i will continue to risk 3 ticks for an even higher reward, protect my position to cover costs and walk away with the smallest possible gain or take whatever the market is offereing in the here and now and look to re-enter at an even better price.,
always always try to get the best possible fill in the direction i beleive the market is going over the intermediate/long term even if i have to pick a top/bottom on a smaller time frame, execution is everything for a 3 tick risk (outside bid/offer).
Never be sloppy, you are providing an edge to the competition.
these are pretty much my trading rules