Have a plan so that when you have profits you take them at least partially. Your plan will also help reduce drawdowns when the trade does not go according to plan. It is okay to go to a cash position after you have had a big move. If you miss an opportunity another will come along. Scale out of your positions.

Your timing must be impeccable on every trade. It is the only real way to trade successfully. Scale, scale, scale. It takes discipline to scale out of winning trades.

Always keep an open mind. Be ready to take the opposite side. Impeccable timing and patience is the name of the game.