Why trading rules are important:

When you get in your car to drive somewhere, you can’t just do whatever pleases you. There are rules of the road that serve as boundaries to what you can and what cannot.

The same applies to your job. Chances are you can’t show up and leave whenever you want. Your boss also expects certain work to be done within a specific period of time.

These boundaries are everywhere in life. Except for trading.

When you sit down to trade, nobody tells you how much to risk or whether to buy or sell. It’s all up to you.

This is why trading rules are so important. They help keep you disciplined in a world without many boundaries.