The only way to live comfortably is to live like you are struggling regardless of your networth. Becoming a multi millionaire means nothing when your expenses are 100k per month. That car you always wanted 300k, that beautiful girl you like is unemployable and retarded 10k a month, your new mansion 20k a month. And after helping your parents you are now broke again and losing everything you rented, and selling everything you bought. The multi millionaire who stays rich lives just like a poor person with good money management.
"1:1 risk reward can only be used on big accounts"
That's bs
I traded like this when I had little money as well
In fact, account grows faster because of smaller drawdown and better on psychology
Common question: "Should I quit my job and trade full time?"
I did it for three years, so here's the answer I wish someone had given me: almost certainly no.
When trading is your sole income, you need the market to pay your bills on the market's schedule. Edges don't produce a monthly invoice. The pressure to make rent out of a flat month degrades exactly the discipline that made you profitable, and you can't size your way out without raising risk.
I used to get soooo pumped up excited over making 50 dollars on a trade in the beginning
Yesterday made just shy of 60k....feel little
Goes both ways
Used to get DEVASTATED by a 200 dollar loss on a trade....
Now I can lose 20k.....feel nothing
Pure detachment
Can't pick and choose
When I take a trade, immediately it’s a Win… regardless of whether it reaches the objective or if it goes bananas into stoploss, both outcomes are perfectly settled prior to taking the trade, and I’m comfortable with both outcomes, so for me it’s ALWAYS a Win. 👏
Adopt the mindset, I’m sharing with you.
At some point, you have to stop preparing and start doing.
More research, more backtesting, and "just one more video" are not preparation at this point. It's avoidance.
A life is like a stock chart. Full of bull runs and crashes. Sometimes you’re on fire, sometimes you can’t win. But if you’re halfway decent, you’ll trend upward over time. When you’re hot, ride the wave. When you’re down, invest in yourself (buy low). You only die if you quit.