“You Can’t Cheat The Process”.
You have to be willing to put the work in. It’s going to take Hours, Weeks, Months and even Years but if your serious about it, then this shouldn’t be an issue. I’m not a professional but I want to be aware of what it takes to become one #DayTrading
Be #flexible and #open#minded as a #trader.
#Markets are always changing and you have to adjust.
Don't care about what you said or thought yesterday. Care about what you are doing right now!
Signs that you are #emotional in #trading:
1) Looking at the P/L all the time
2) Chatting about big gains or losses in a stock
3) Discussion of the latest hype
4) Overtrading
5) Aggression against the market or broker
6) You tell your wife / friends about your profits
"A market that is not offering a lot of opportunity is a market telling you to reduce your risk, conserve your powder, and preserve mental capital"
@mardermarket
Nobody is ever “weak” for taking profits into strength, that’s actually how you can make millions within a few years. And if any investment is destined to “go to the moon” you can easily buy back in along the way without having to risk disastrous losses that too many people have!
"When you achieve complete acceptance of the uncertainty of each edge and the uniqueness of each moment, your frustration with trading will end.”
Mark Douglas
⚠️ALERT⚠️
I have said it with Dogecoin currently at .18
I will say it with AMC and GameStop
Save yourself while you can!!
History repeats itself over and over do not be the victim
!!!MUST WATCH!!!
AMC GameStop Lets Talk About it
https://t.co/TSi5uTrAAM
#Dogecoin#AMC#amc
Found this scripture in the Bible so motivating this morning.
“His Lord said unto him, Well done, good and faithful servant; thou hast been faithful over a few things, I will make thee ruler over many things: enter thou into the joy of thy Lord.”
Matthew 25:23
“I think investment psychology is by far the more important element, followed by risk control, with the least important consideration being the question of where you buy and sell.” – Tom Basso