5. Focus on 1 setup, not 27.
- More trades =\= more gains
- More setups, less clean charts, more confusion
- Be a master of 1 setup, not an average trader of 27 setups
One setup is enough to be a trading killer.
2) Ed Seykota says
The elements of good trading are:
1)cutting losses.
2)cutting losses &
3) cutting losses.
If you can follow these three rules, you may have a chance.
Look at these guys.
One works 16 hours a day. One works 4 hours a week.
2 billionaires. 1 mind-blowing lesson about success:
(I can't believe no one has connected the dots) 🧵