Helping you to trade effectively, without getting lost in your emotions. Discussing trading from the psychological aspect to the pure technical concepts.
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Joined July 2020
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Trading is brutal.
The trading learning curve includes hard work, early days, late nights, failure, emotional pain.
But if you can overcome the trading learning curve, you can do anything.
Trading success takes time.
You need to work on your focus on strategy, timing, patience, confidence.
It doesn't come in 1 day.
A 1:2 risk reward ratio needs a 33% win rate to breakeven.
But most traders give up because they want 100% win rate.
Stop breaking rules, start trusting your system.
Stop forcing trades, start waiting for your system.
Stop hesitating, start being ruthless with your system.
Your system is your most important trading weapon.
3-5 years are needed to trading success.
You have to develop skills, mindset and emotion control.
Experience is not that cheap.
Trading changes your life.
The more you trade, the more you realize emotion control is power.
If you can control your emotions, you can do anything.
How to change your trading in 30 days:
- Clean your charts
- Focus only on 1 setup
- Lower your risk to the min
- Review every trade you take
- Stop listening to other people's opinions
- Set small goals and increase them gradually
You don't need 10 years.
Plan like a genius.
Trade like a robot.
Manage money like a casino.
Become a master of your emotions.
Don’t be greedy, follow your rules.
Don’t be anxious, reduce your risk.
Don’t be scared, think in probabilities.
Don’t be angry, there's always another opportunity.
There's no going back from trading.
You can't stop thinking in probabilities, taking calculated risks, executing ...
Once a trader, always a trader.
If you want to be a successful trader, you should act like one:
- Take only A+ setups
- Take calculated risks
- Never break your rules
Become addicted to repetition.