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Here’s my advice to the masses: Leaving the place you grew up in opens up a door of opportunities, you’re no longer shackled by your society and your old way of thinking.
You no longer have these imaginary “who’s judging me” thoughts.
Being away from the society you grew up in. Is freedom on its own.
You think better, you move better, you act different, you eat and live different.
Your business and work improves as a results especially when you throw yourself in the deep end.
Trading is a game of system, rules, and probabilities
Your job is to develop a proven system, follow your trading rules religiously, and execute on set up's that give you the best probability of winning
Do these 3 things and your trading WILL improve tremendously
To get results you’ve never had you’re going to have to do things you’ve never done
It’s going to be uncomfortable
It’s going to be painful
It’s going to really suck sometimes
It’s going to be worth it.
There isn't a 'someone' anymore; algos run this market, and you must understand this.
We, retail traders, are like those tiny fish surrounding whales, scavenging for scraps on their skin.
If I was broke
I’d be angry, furious.
How can I allow myself to be broke.
Have I not planned ahead ? Or did I fail
Am I not making enough ? Or am I spending like a donkey
Was I born into a poor family
Do I surround myself with losers
Do I lack self control
These are the questions I would ask myself and then I would immediately go find a solution to make my life better
Knowledge Is Nothing Without The Will To Act.
“I knew it was going to rally”…. Have you ever said that to yourself, but you didn’t buy it before it rallied? I spend and have spent a considerable amount of time bridging the gap between what I know, and what I do. There is no point being the best technical analysist in the world if you can’t get yourself to execute the trades.
I believe that many traders have an enormous potential for trading profits, but it is left untapped because they don’t spent time on their mental game. In particular, when we don’t act upon the knowledge we have, it is because of fear, fear of being wrong, fear of losing money etc. By overcoming the fear in a safe environment, by practising it in say a demo mode, or perhaps how I prefer to practise, through the act of imagination and visualisation, I am able to overcome my fear, because I have mentally rehearsed it so many times.
If you want a good book suggestion on this matter, I refer you to Maxwell Maltz “psycho cybernetics”.
#LetsGetReal
Elevate Your Trading Mindset with Positive Affirmations 📈
Embrace emotional intelligence, master risk management, and seize profitable opportunities with gratitude.
Emotions kill 99% of traders.
Anxiety = Reduce your risk
FOMO = Trust your system/rules
Anger = Focus on the next opportunity
Greed = Realize you can always lose trades
Fear of losing = Start thinking in probabilities
Master your emotions to control your emotions.