Peter Robbins

Swing/Trend Trader with 40+ years of experience who likes to share trading ideas and hard learned words of wisdom. Tweets opinions only.

[Peter Robbins @prrobbins]

All traders experience fear. The struggle is real. The edge isn’t never feeling fear, it’s acknowledging it without allowing it to dictate your next decision. The path to success is as thin as a razor’s edge, and we all drift from it at times. Ideally you build resilience to it.

[Peter Robbins @prrobbins]

True or False

Successful traders rarely experience fear.

[Peter Robbins @prrobbins]

I agree with this for most people.

Build a solid foundation first.

Invest consistently in long-term assets and let compounding do what it has done for generations.

If you’re drawn to trading, start small. Earn the right to increase your size through consistent execution and a proven track record.

Too many trading accounts become fodder for experienced professionals. Protect the capital that’s building your future, and treat trading as a skill that must be earned, not a shortcut to wealth.

[Peter Robbins @prrobbins]

True or False

Breaking your rules on a winning trade is still a mistake.

[Peter Robbins @prrobbins]

True or False

A perfectly executed trade can still lose money.

[Peter Robbins @prrobbins]

True or False

The biggest obstacle to trading success is finding a profitable strategy.

[Peter Robbins @prrobbins]

True or False

The goal of trading is to be able to predict the market.

[Peter Robbins @prrobbins]

True or False?

Most traders don’t fail because they can’t read charts.

They fail because they don’t understand the math of trading.

[Peter Robbins @prrobbins]

True or False

If you can place a trade, then you are a trader.

[Peter Robbins @prrobbins]

True or False

Your biggest competitors are other traders.

[Peter Robbins @prrobbins]

If you laugh at the idea of self-awareness because it sounds too “flaky” or has nothing to do with trading, you’re probably not ready.

Understanding the markets is a prerequisite. Understanding yourself is the game changer.

[Peter Robbins @prrobbins]

“If you can’t handle the heat stay out of the kitchen” is a great rule for many traders to incorporate into their trading plans.

Understanding the current market environment, and knowing whether or not you have the ability to trade in it is a skill within your trading skills.

[Peter Robbins @prrobbins]

Refreshing to see John @jk_trading7 admit that trading may not be for everyone.

Trading is a serious business that requires passion, commitment, and years of experience.

[Peter Robbins @prrobbins]

True or False

The market is always right.

[Peter Robbins @prrobbins]

You often hear about the fear of failure, but for many it the fear of success they need to work on.

[Peter Robbins @prrobbins]

The moment you understand that trading is math, everything changes.

It transforms how you view entries, exits, risk, and even losses.

Trading Is Math by Steve Burns can help create that “aha” moment.

[Peter Robbins @prrobbins]

As well as fools look like fools.

[Peter Robbins @prrobbins]

How long did it take you to realize this?

[Peter Robbins @prrobbins]

It doesn’t do you much good if you are the only one who can see it.

[Peter Robbins @prrobbins]

If you’re just getting started, don’t rush into trades.

Take the time to understand what you are getting into.

That’s exactly what I tried to lay out in “The Trader’s Journey”.