The Five Trader Agreements

Hey MFG 👋

Hope you’re thriving. The past couple weeks in the market have been wild. How many 100% runners have we seen this year? JOBY, anyone? Just… wow. And we’re only getting started.

Lately, I’ve been revisiting the book The Four Agreements — if you haven’t read it yet, do yourself a favor. It’s simple, but deep. Life-changing stuff. Not always easy to live by, but powerful if you can.

It got me thinking: what if we had our own set of agreements just for trading? Five core principles to center us — not just in the market, but in how we think, act, and grow as traders. I call them The Five Trader Agreements. I believe they can be just as transformative for your trading life as the original four are for your personal one.

The Five Trader Agreements Every Trader Should Honor Daily.

1. Honor Your System – Follow It and Keep Your Word

Stay true to your strategy and commit to it with integrity. Speak positively about yourself, your skills, and your approach to trading. Avoid negative self-talk, such as “the market slaughtered me today,” as if the market were personally against you. Over time, such language can shape a harmful self destructive mindset.

Instead, use your words to build confidence and resilience. Support fellow traders, and never celebrate another’s loss. Matter of fact share this article with a struggling trader today, could mean everything to them.

Direct your thoughts and words toward faith, optimism, and growth—not just for yourself but for others as well.

2. Don’t Take Any Trade or Trading Day Personally

The market does not act against you—it simply moves. If you followed your strategy, respected your stop-loss, and took a loss, it was still a good trade. You protected your capital and positioned yourself for the next opportunity.

Avoid projecting emotions onto the market. It wasn’t algorithms, high-frequency traders, or stop-hunting—it was simply price movement. Accept the lesson, move forward, and remain grateful for the opportunity to trade.

Success starts with gratitude.

Judge your trading days not by profit and loss but by your discipline. Did you honor your strategy? Did you manage risk properly? If so, you did your job. Success starts with gratitude.

3. Don’t Make Assumptions About Price

Embrace the reality that you can never predict the future. No matter how much research, practice, or experience you have, you will only ever know what is happening in the present moment.

Rather than assuming where price will go, focus on executing your strategy with discipline.

4. Always Trade Your Best

Your “best” will change depending on market conditions and personal circumstances. Winning is not the only measure of success—trading well includes managing losses effectively.

A trader’s job is to lose the right way: with discipline, control, and without unnecessary regret. No matter the situation, always strive to do your best.

This mindset will protect you from self-doubt and emotional trading.

5. Every Day is a Fresh Start

Some traders hold grudges—against the market or even against themselves. This mindset blocks growth. Instead of dwelling on past mistakes, use them as lessons.

We Only Learn from Our Mistakes. Don’t Be Afraid to Make Them.

Trading requires patience, persistence, and consistency. Even if you learn from a professional, success comes from personally implementing and refining your strategy over time.

These agreements are designed to foster freedom, happiness, prosperity, and most of all, love—for yourself, your craft, and your journey toward successful trading.

Remember, Price is the Only Indicator That Pays. - @fullauto11

Gerald Peters TEXT 1-936-661-7786

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