3 things will fix your trading:
1. Trade 2-5 tickers. Stop scanning 50 names. Master a few.
2. Mark your levels on Sunday. Then wait all week for price to arrive. Patience wins.
3. After 2 wins, close the laptop. Overtrading gives back what discipline earned.
That's it.
Some of my favorite books that help me in life & my trading Journey. The Power of Now, Trading in The Zone, Atomic Habits, Best Loser Wins, Disciplined Trader, Way of the Turtle, The subtle art of not giving a F!ck, Reminiscences of Stock Operator, Market Wizards, Trade like a stock market wizard
My first 2 years day trading, I lost -$10,000
Tired of poor results I started swing trading and that's when everything clicked for me
Fast forward 4 year and now I make over $50k/month swing trading
Below you can steal my exact swing trading strategy:๐งต
Few pillars I think are important if you want to trade long term:
-Clearly define your why. Freedom, family, etc.
-Continue learning even when you feel like youโre a genius.
-Realize risk comes first, reward second.
-Create a daily routine.
-Focus on your health. Diet, exercise, sleep, etc.
-Collaborate and find successful likeminded people who share the same passion.
-Study previous market cycles. Patterns, former leaders, etc.
-Be patient. If a setup doesnโt fit your criteria, skip it.
-Embrace being bored. The best trading is boring.
-Detach from outcomes. Win? Level headed. Loss? Level headed.
-Track and review your trades.
These are just some of the principles I find important and incorporate into my trading and lifestyle.