You can be the most intellectual technical trader in the world but if you lack discipline and emotional control, you will lose to the disciplined trader.
The market will test your discipline, patience, and technicals every single day. If you are not prepared, the market will ultimately show you by your account balance over an extended period.
Students will pay 100k for a meaningless bachelor degree but won't pay 1k for a trading course/mentorship that can change your life. The system is broken.
Trading hack: Change your goal to following your trading plan and rules for 5 days in a row instead of 5 green days in a week. Following your plan and rules will lead to long term and sustainable Ws.
The secret to successful trading is edge, patience, discipline, confidence, and risk management. These take YEARS to develop
25-50k extra per year is life-changing money to a lot of people’s lives. Focus on compounding your account with base hits! 1-5% account growth adds up over time.
There are 252 trading days in the year. You do NOT need to make 1000 dollars a day to be successful trading. Don’t let social media brainwash you.
$100/day = 25k/year $200/day = 50k/year $400/day = 100k/year 1k/day = 250k/year
Trading experience is everything in trading. Nothing can buy trading experience. You have to get burned so many times that you get over it and make drastic changes such as following strict rules and journaling everything. Trading is a marathon so think long term.
4 months ago
Trading losses hit hard emotionally. But hey, they're not just mistakes - they're lessons! Each defeat nudges you closer to victory.
4 months ago