Plan the trade. Trade the plan. Trade management is another key roll to trading success. Overtrading and over analysing can be a trader's downfall.
David Paul
Looking at price and volume together is an edge in my humble opinion. The big players can easily manipulate price, but they can’t manipulate volume that easily.” Dr David Paul
Trading sucks when you're trading your opinion
Forcing the tide to change is DISASTER
But ride the wave and a whole new world opens up
Ask yourself:
Am I trading what I would LIKE to happen?
What I THINK should happen?
What is SUPPOSED to happen?
Or am I trading what the market's TELLING me?
What is happening right NOW?
Don't PREDICT the next move,
UNDERSTAND the next move
You don't suck at trading,
You suck at LISTENING.
Amateurs think wins and losses are their own doing and skill, and they brag or get upset🤪😤😵💫
Pros understand that wins and losses are random, but they know that long-term success is due to consistency, and they understand that this consistency is their true skill💫
Moomoo just launched 3 money market funds with returns up to 4.8% per year 👀
Finally a broker here that lets us earn something on our idle cash
Details 🧵
8 most famous risk management quotes to learn by heart
1. Paul Tudor Jones: The most important rule of trading is to play great defense, not great offense.
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