Reminder: I'm off this week, so there will be no video newsletters posted.
I'm back next Monday, August 25th... excited to see you all there!
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Patience is the most important skill for a trader. Patience to wait for the right entry. Patience to let the trade play out to its final target. Patience not switching strategies when markets get tough. And patience to let small wins snowball into big paychecks over time!
57 - 0
Find situations where everyone's a buyer. Bullish trend with a deep pullback...buyers will buy the dip. Rookies chase is lower and get stopped out for a loss... buy their way out! Everyone's buying! Find those situations and you can print money! (read that again!)
37 - 0
4 Rules I follow each day:
1️⃣ 60min tells me direction.
2️⃣ “Context” tells me to be aggressive or patient.
3️⃣ “Day Type” tells me the strategy for today.
4️⃣ 21ema helps me time entries with "traps."
40 - 0
Stop thinking like an hourly employee. Trading is NOT a paid by the hour job. It's the opposite. The less you trade, the more you make.
63 - 1
If you want to win, you need to be ok with losing. Success doesn't come without pain and sacrifice. The more trades you take, the more losses you'll have to push through, but it pays off in the end. The only way to avoid pain is not to try, but that doesn't pay very well!
56 - 1
We all want to get rich in trading, but we can’t force the process. I’ve seen students get a quick taste of success, double their position size to make more, and it backfires on them. Slow down. Remember... the deeper the foundation, the taller the building!
63 - 1
The way you react to losses will determine how far you go in trading.
Do you cut losses quickly, or let them run?
When you take a loss… do you blame the market, or take responsibility?
After a loss, do you move on and forget? Or learn from it, make improvements?
45 - 11
Just because you didn’t find a good trade today doesn’t mean you need a better strategy. The markets move in seasons. Some weeks are more active than others, and you need to sit thru those to get to the good ones!
46 - 1
Show me someone who knows everything about the markets, and I’ll show you someone who probably loses money. Winning traders know a lot about a very small slice of the markets, and they leverage that expertise to take money from traders who know a little about a lot!
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I've been trading Emini & Nasdaq Futures for almost 20 years
Give me 30 days, and I'll bet I can make you profitable too!
Start with my Free Trading Course to learn my strategy
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