Herculean Trader

Trader | Finance | Self Development | Tweets and Retweets are not endorsements

[Herculean Trader @HerculeanTrader]

Anyone can be a trader

But very few stay in long run and become a successful one

If you want to be in those top 5%, focus on Learning rather than Earning

#trading #investments
#invest #sharemarket #StockMarket

[Herculean Trader @HerculeanTrader]

It does not matter how often you win if one big loss takes away the whole profit

Try to manage a good risk-to-reward ratio along with a decent winning rate

If you have a high RRR then u may compromise on winning rate and vice versa

#trading #investing #investment #StockMarket

[Herculean Trader @HerculeanTrader]

"You have to learn how to lose; it is more important than learning how to win."

~ Mark Weinstein

#trading #sharemarketindia #investing #invest #investment #StockMarket

[Herculean Trader @HerculeanTrader]

For many biggest losses comes after the biggest profits

It's very hard to protect your profits

Once you feel your target has been achieved well before the month's end just stop trading or trade with a very light qty

#trading #Investment #sharemarketindia #StockMarket

[Herculean Trader @HerculeanTrader]

"Strong people have a strong sense of self-worth and self-awareness; they don’t need the approval of others."

#goodmorning #trading #investing #sharemarket #StockMarket

[Herculean Trader @HerculeanTrader]

“If you can't explain it to a 6-year-old, you don't understand it yourself.”

~ Albert Einstein

P.S. Give priority to learning first then move to teach others, if you are good at the first then you will be good at the later

#trading #investing #investments #StockMarket

[Herculean Trader @HerculeanTrader]

"Repetition is how you learn any new skill - and investing successfully is a skill you can learn if you have the burning desire to work at it until you succeed."

- William J. O'Neill

#trading #investing #invest #StockMarket #sharemarket

[Herculean Trader @HerculeanTrader]

Stop looking at your daily loss and profit,

Just analyze your performance over months, quarters, years

Detached yourself from short-term outcomes and focus on the protracted part

#trading #investing #Investment #StockMarket #sharemarket

[Herculean Trader @HerculeanTrader]

Most of the traders can't stay calm after a drawdown

However professional traders start looking for the next opportunity

#trading #investing #investment #StockMarket #sharemarket

[Herculean Trader @HerculeanTrader]

"He who cannot obey himself will be commanded"

- Nietzsche

P.S. Same applies to the trading, follow your own rules, or else get ruined

#trading #investing #Investment #invest #StockMarket #sharemarket

[Herculean Trader @HerculeanTrader]

You spend years to find the perfect indicator,

Then you realised that price action is prime inter alia

#trading #investing #invest #StockMarket #sharemarket

[Herculean Trader @HerculeanTrader]

In trading you need solitude,

You must learn to spend time with yourself,

Build strong psychology to stay calm and serene in losses and also in profits

#trading #investing #invest #StockMarket #sharemarket

[Herculean Trader @HerculeanTrader]

“Frankly, I don't see markets; I see risks, rewards, and money.”

-Larry Hite

#trading #investing #invest #StockMarcket #sharemarket

[Herculean Trader @HerculeanTrader]

To be a successful trader you must be ready to face;

- Failure
- Mental breakdown
- Long time to develop trading skills

If you can do this, you can do anything

#trading #investing #invest #StockMarket

[Herculean Trader @HerculeanTrader]

Impatient traders will always lose in the long term

A trader who can't wait will never be a successful trader

Patience is the most important trading skill

#trading #Investment #investing #StockMarket

[Herculean Trader @HerculeanTrader]

If u r making continuous losses for say last 6 months, then u r doing smthing big amiss,

Just hold urself back, reduce the qty, and test ur process and setup

Backtesting will give u confidence

Until u get 3 consecutive months in green don't increase qty

#trading #StockMarket

[Herculean Trader @HerculeanTrader]

"Just a Bad Day" is not an excuse for your mistakes in trading,

Sit on the table, analyse each and every entry and exit along with psychology while taking the trade

You will see results in few months

#trading #investing #Investment #StockMarket

[Herculean Trader @HerculeanTrader]

You trade better when you stop thinking about profits, you just remind yourself your max loss and just place a stop in your system

Here your psychology does not get affected by fluctuations in the price as you know your max risk

#trading #investing #StockMarket #sharemarket

[Herculean Trader @HerculeanTrader]

"What's done is done. What's gone is gone. One of life's lessons is always moving on. It’s okay to look back to see how far you’ve come but keep moving forward."

#goodmorning #trading #investing #sharemarket #StockMarket

[Herculean Trader @HerculeanTrader]

If you lose a trade, that's okay

If you lose a trade by not following your rules, that's not okay

Always focus on following the process rather than the outcomes

#trading #Investment #investing #StockMarket