No matter where you are in your trading journey, even if you find some success, have the mindset that you are probably only 10% of the way there. It keeps you humble and forever a student of the game. If you obsess with improving to achieve your goal, nothing can stop you. Don’t focus on gains. Focus on improving patters that work for you and don’t. Journal. Take notes. Become infatuated with perfecting your art. The result will be complete freedom for you and your loved ones. It will probably be the most difficult journey you ever experienced, but the reward is more than you imagined.
@SuperLuckeee@StoicTrades4 This is so damn good. Thanks @StoicTrades4 for putting this all together and sharing. Incredibly valuable for not only trading but for every real life scenario.
THE STOIC TRADER
THE HARDEST TRADE YOU’LL EVER MAKE: BEING HONEST WITH YOURSELF
On vulnerability, self-deception, and why repeating the same mistakes isn’t failure — it’s normal and the path…..
Read more @StoicTrades4
https://t.co/bbuDNeDkcf
@KaKaShI1531244 Forgot this one. Changed course of the world by training Luffy for 2 years, put aside his emotional loss and reunite with his crew in order to achieve goal of king
While I agree the current market environment is prime for scalping, credit spreads, and short term options, I don’t agree that this is necessarily better overall.
Being a versatile trader, being able to adjust to what the market is providing can lead to greater consistency.
Example. When we get a major pull back, I know my long term portfolio will thrive because I will add once it reverses.
And when we have those several months of grinding up, I’m focused on day trading, buy and hold scaling out on each liquidity target throughout the day.
Right now, I’m taking more trades, less size each, and building capital. Scalping Base hits.
At some point, the market dynamic will change. But I’m fully equipped to adjust to be consistent and profitable for whatever change may come.
If you struggle during certain market environments, take a step back, maybe learn and paper trade them till you can be profitable no matter what the market gives you.
Scalping is 10x better than day/swing trading
You can trade whenever you want to and there will be opportunities
I don’t have to trade at London/NY open only
I don’t have to wait all day for my setup to form
I can just jump on the charts when I have free time and make money
Trading the lower timeframes is goated
Vpa is king. Because you can compare the volume associated price action with previous spikes to determine if it’s an anomaly or a real change in direction of the market. Thank you David for the perfect explanation.
Thank you @annacoull and David for sharing! This is exactly how I setup my nq layouts from 15s to daily. It was a pleasure speaking with you both in the @SuperLuckeee community. Please everyone check out this breakdown from David. Incredible analysis from the vpa masters themselves 🙏