Welcoem to posts!!
in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
Disciplined trading gets easier over time because most of us eventually learn that trades "outside our plan" aren't worth giving back all our hard-earned gains. We work too hard for our winners. Don't give them all back with some FOMO trade!
82 - 6
I went too big, too soon when I was a rookie, and it cost me big. It's one of my biggest regrets. I should've made my rookie mistakes with small money. But I rushed the process, and the oversized losses (and mental scars) took a long time to heal.
78 - 5
Reminder - there will be no video Newsletter posted tonight. See everyone tomorrow evening!
11 - 3
Want to guarantee your success? Never make the same mistake twice. Mistakes will happen. Keep a journal, and set reminders to avoid mistakes while you're trading. It will eventually become habit. A well-timed reminder has kept me out of many losing trades.
63 - 5
The biggest losses of my trading career were caused by overconfidence and poor risk management. I thought I was "right" and the market was "wrong," with a position that was too big for my account size. The market told me I was wrong, but I was blinded by hope and greed.
62 - 2
There's a 'hidden' cost to trading reversals. Not only are the odds of success relatively low, you're often missing the easier winners going with the current trend. You can only chase on "rabbit" at a time, so choose wisely!
42 - 2
As traders, we get paid to wait. The more you wait, the more you learn, and the better your odds of success when you finally pull the trigger. In a world that encourages instant gratification, the people who wait the longest are the ones who get paid the most!
94 - 2
Nobody knows where the markets are going next, so we're constantly trying to identify situations we've seen before, while managing the risk of being wrong, or getting knocked out of a good trade because some random Fed speaker jumps in front of a camera!
36 - 1
I study myself just as much as I study the markets. We all have habits. Some are productive, and some are destructive. The key is paying attention. Keep a journal. What conditions produce the best (and worst) in you? Do more of what works, less of what doesn't.
64 - 1
When I was a rookie, I assumed adding more indicators & setups was the key to making more money. But it turns out, adding more 'stuff' just overcomplicates the process. The key is simplicity. Knowing what to watch, what to ignore, and which setups give the biggest reward.
59 - 1
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