How to Create Discipline Rules
Overview
Define and track your trading discipline rules to maintain consistency and avoid emotional trading.
Steps
1. Navigate to Discipline Diary
- Click "Discipline Diary" in sidebar
- Or go to main menu > "Discipline Diary"
2. Access Rules Section
- Click "Manage Rules" or "My Rules" tab
- Rules management page opens
3. Create New Rule
- Click "+ Add Rule" button
- Rule creation form appears
4. Define Rule Details
Rule Name: Clear, specific name
- Example: "Never risk more than 2% per trade"
- Example: "Wait for 3 confirmations before entry"
Rule Category:
- Risk Management
- Entry Rules
- Exit Rules
- Position Sizing
- Emotional Control
- Daily Limits
Rule Description: Detailed explanation
- What the rule is
- Why it's important
- When it applies
5. Set Rule Importance
Priority Level:
- 🔴 Critical: Must never break
- 🟡 Important: Should follow
- 🟢 Guideline: Aim to follow
6. Add Consequences
If Rule Broken:
- Stop trading for the day
- Reduce position size next trade
- Review and journal
- Take break before next trade
7. Save Rule
- Click "Save Rule"
- Rule added to your discipline diary
- Ready to track
Success!
Your discipline rule is created and ready to track.
Common Discipline Rules
Risk Management Rules
🛡️ Never risk more than 2% per trade
🛡️ Maximum 3 trades per day
🛡️ Stop trading after 2 consecutive losses
🛡️ Maximum daily loss limit: ₹5,000
🛡️ Always use stop loss
Entry Rules
✅ Wait for setup confirmation
✅ Only trade in trending markets
✅ No FOMO trades
✅ Check all checklist items
✅ Trade only planned setups
Exit Rules
🚪 Take profit at target
🚪 Honor stop loss always
🚪 No averaging down
🚪 Exit if thesis invalidated
🚪 Time-based exit if applicable
Emotional Control
😌 No revenge trading
😌 No overtrading after wins
😌 Take break after big loss
😌 Journal emotional trades
😌 No trading when stressed
Rule Templates
Pre-built Rules
Choose from:
- Beginner Set: Basic discipline
- Day Trader Set: Intraday focus
- Swing Trader Set: Multi-day rules
- Risk Management: Safety rules
- Custom: Build your own
Rule Monitoring
Track Adherence
- Mark rule as followed/broken per trade
- Automatic tracking where possible
- Daily compliance score
- Weekly discipline report
Discipline Score
How It's Calculated
- Based on rule adherence
- Critical rules weighted more
- Consistency over time
- Recent performance emphasis
Score Range: 0-10
- 9-10: Excellent discipline
- 7-8: Good discipline
- 5-6: Needs improvement
- Below 5: Critical issues
Quick Tips
- Start with 5-7 core rules
- Be specific and measurable
- Review rules weekly
- Update based on experience
- Focus on process, not outcome
- Consequence must be followed
Rule Best Practices
Good Rules Are
✅ Specific and clear
✅ Measurable/trackable
✅ Achievable consistently
✅ Relevant to your trading
✅ Time-bound when needed
Poor Rules Are
❌ Too vague
❌ Impossible to track
❌ Unrealistic
❌ Based on outcomes
❌ Too many at once
Rule Checklist Integration
Pre-Trade Checklist
Link rules to checklist:
- Check rules before trade
- Cannot proceed if violated
- Force discipline
- Build habit
Accountability
Share with Mentor
If using mentee access:
- Share rules with mentor
- Get accountability partner
- Regular review sessions
- Improvement tracking
Progressive Disclosure
Add Rules Gradually
- Week 1: Master 3 core rules
- Week 2: Add 2 more
- Month 1: Full rule set
- Ongoing: Refine and optimize
Automation
Auto-Tracking (Pro)
System can auto-detect:
- Position size violations
- Stop loss not used
- Daily limit breaches
- Consecutive loss rules
Next Steps
Troubleshooting
Can't save rule? Fill all required fields
Too many rules? Start with top 5
Hard to track? Make rules more specific
Forgetting rules? Add to pre-trade checklist
Need help? Contact support@tradelyser.com