⚠️1 Stock to Buy, 1 Stock to Sell This Week:
$MU: -5.7% 🔴
$WBA: -24.2% ✅
1 for 2 this week.
$MU didn't go as planned due to lofty expectations, but $WBA stinker more than made up for it.
I hope you all enjoy your weekend and I'll try to do better next week.
May The Trading Gods Be With You 🙏
Successful people are boring
You know why?
Because consistency is boring
And the only way to become successful is through consistency
Hours backtesting
Hours journaling
Hours studying
You grind grind and grind
There is nothing exciting about success
Which is why many don't have it
Why many are not rich
If this shit was fun everyone would have it
It aint
It fuckin sucks many times
I remember when I use to work a regular job before I was a fulltime trader and I worked 12 hour shifts every night came home traded and still found time to journal EVERY trade
EVERY ONE OF THEM
Reviewing everything in detail
Studying video lessons DAILY
I don't take days off
You think I felt like it?
I never felt like it
But I knew it is required to get to that next level
If I allow myself to be weak I will not make it
I will die living a miserable life
I have to grind
I have no choice
Success aint fun
But the payoff is worth it
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Successful traders think differently from the rest
- They don't care about PnL
- They don't care about win rate
- They don't care about trading every day
What they do care about?
- Did I follow my rules?
- Did I manage risk?
- Can I improve? 🤔
For more click the Link in my bio.
How do I spot a reversal?
HTF PDA -> Displacement (MSS) -> SMT -> BRK/IFVG
In order to expect a reversal, you also need a NARRATIVE.
Weekly templates can help you identify on which days a reversal is more likely to occur.
Don’t overthink it. It's really that simple
MEGA MILLIONS
💵 💵 💵 💵 💵 💵 💵 💵 💵
Drawing ❤️Tomorrow 6/18/24
50% Myself the rest $ will be split among all the names in the comments. ❤️
Good Luck To Us. 🍀
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Exactly.
Many traders mistakenly believe that losses are bad and the system isn't working, even when they follow the rules, leading them to break consistency.
A system with an edge is designed to ultimately generate profits by cutting losses according to the rules.
It's important to remember that the edge also exists in the loss cuts you make according to the rules, and the system is functioning as intended.