HookTrader

Trader | Ross Hook Method | Crypto & Psychology

[HookTrader @Hook__Trader]

Trend is your friend

#Discipline #TradingPsychology #Psychology

[HookTrader @Hook__Trader]

Plan your trades and follow the plan.

#Trading #Discipline #TradingPsychology #Psychology

[HookTrader @Hook__Trader]

Do more of what works, and less of what doesn’t

#Trading #Discipline #TradingPsychology #Psychology

[HookTrader @Hook__Trader]

You will have to swallow your pride and get out of losses

#Trading #Discipline #TradingPsychology #Psychology

[HookTrader @Hook__Trader]

The goal of a successful trader is to make the best trades. Money is secondary

#Trading #Discipline #TradingPsychology #Psychology

[HookTrader @Hook__Trader]

To succeed in the market, you need the courage of a warrior and the wisdom of a sage.

#Trading #Discipline #TradingPsychology #Psychology

[HookTrader @Hook__Trader]

The market is a mechanism for transferring money from the impatient to the patient

#Trading #Discipline #TradingPsychology #Psychology

[HookTrader @Hook__Trader]

I never argued with prices. You can be upset with the market, but it won’t do any good.

#Trading #Discipline #TradingPsychology #Psychology

[HookTrader @Hook__Trader]

Trend is your friend.

#Trading #Discipline #TradingPsychology #Psychology

[HookTrader @Hook__Trader]

The market is a mechanism for transferring money from the impatient to the patient

#Trading #Discipline #TradingPsychology #Psychology

[HookTrader @Hook__Trader]

@ROR_Traders In trading, the most important things are comfort and discipline. Comfort keeps your psychology stable, and discipline builds experience over time.

[HookTrader @Hook__Trader]

@ROR_Traders I trade on the 30-minute chart. I used to use 5m and 15m, but they felt too chaotic.
Not every timeframe fits every trader — everyone needs to find what works for them.

[HookTrader @Hook__Trader]

Plan is your anchor in a sea of emotions.

#Trading #Discipline #TradingPsychology #Psychology

[HookTrader @Hook__Trader]

@ROR_Traders Yeah, I've heard of that approach. I don't use it myself.I risk 1% per trade and my max drawdown so far hasn't exceeded 2%. But I think if it ever hits 5% in a month, I'll stop trading for the rest of that month.

[HookTrader @Hook__Trader]

Control your risk to ensure you can continue operating; otherwise, you won’t have the opportunity to benefit from a system with positive expectancy.

#Trading #Discipline #TradingPsychology #Psychology

[HookTrader @Hook__Trader]

@desihero People are too focused on finding a strategy and ignore the need to pay attention to risk management

[HookTrader @Hook__Trader]

When you start to hope, you stop thinking

#Trading #Discipline #TradingPsychology #Psychology

[HookTrader @Hook__Trader]

The difference between who you are
and who you want to be
is what you do daily.

#Trading #Discipline #TradingPsychology #Psychology

[HookTrader @Hook__Trader]

Take responsibility for your own mistakes and learn from them.

#Trading #Discipline #TradingPsychology #Psychology

[HookTrader @Hook__Trader]

If you are holding a position that you would never open as a new trade, you are most likely holding it for psychological reasons, not logical ones.

#Trading #Discipline #TradingPsychology