OptionAlchemy

Option trader

[OptionAlchemy @ChartNinjaX]

@anushiyaxx Read the rules before posting. It's illegal for merchants to ask the money from consumers.

[OptionAlchemy @ChartNinjaX]

@OxNeeraj @Timber4play CONGRESS has damaged NE so much that no one here will elect them for atleast 100 years

[OptionAlchemy @ChartNinjaX]

@SoulzBTC Send

[CryptoSoulz @SoulzBTC]

I have written a COMPLETE THREAD explaining “How to trade Liquidity”

To receive it:

1. Like and RT
2. Comment “Send”
3. Follow me

[Trading Composure @TradingComposur]

Be obsessed with process and improvement, not results.

[Alan Edward 🇬🇧 @TraderDivergent]

Drawdowns are a bitch!

But it's part of the parcel of trading.

If you trust your system then it's just a matter of managing risk and executing.

The good times always come after a bad period.

[Steve Burns @SJosephBurns]

Success requires five things:

Knowing what to do.
Knowing how to do it correctly.
Doing it better than others.
Doing it for a long time.
Not stopping.

[Steve Burns @SJosephBurns]

Don't aim to be right; aim to be profitable. The market doesn't care about your opinions and predictions.

[Nick Schmidt @NickSchmidt]

Most traders suffer from analysis paralysis. They overthink every decision, and as a result, they struggle to take action.

[Casper @casper_smc]

Successful traders know they aren't going to win EVERY TRADE.

Most traders don't have the discipline or patience to:

Not trade
Wait for good opportunities.

[Alan Edward 🇬🇧 @TraderDivergent]

Consistency is not perfect and it’s especially true in trading.

Newer traders come in thinking it’s going to be a simple straight line to success.

But it’s more of a zig, zag kind of road.

But professionals know this.

They expect this…

The difference is they don’t let the short-term noise affect their decision-making.

It can be an emotional rollercoaster if you aren’t fully prepared and know exactly what you are doing when you place a trade.

But when you have:

An objective rule-based strategy and have a plan for all scenarios

Put the time and effort into understanding your system's stats inside out like:

Win rate, expected drawdowns, and trade frequency.

Complete understanding how how 'probabilities' work

Then it’s just a matter of:

1) Showing up
2) Executing your edge
3) Managing risk

You know the results come regardless of any short-term randomness.

Unfortunately for newer traders when they don’t start with the right foundations.

They skip straight to YouTube, find a strategy and start trading without any testing or knowledge of how trading works.

They avoid the learning curve in hope of getting rich quick.

And end up get broke faster.

This then all creates bad habits

Which end up taking years to unlearn.

What ends up happening is...

- They lack confidence
- They are fearful of everything
- They can’t trust themselves

They go in gun ho and going of gut feel...

Jumping from strategy to strategy.

Avoiding putting in the work to test and verify

And investing in their education.

Forever be going around in circles until they blow up or quit.

So for those who I just described:

Start taking trading seriously and treat it with the respect it deserves.

Invest in your education and learn how trading works.

Put the work in behind the scenes testing and optimizing.

And finally take it slow.

===

P.S. if you enjoyed this, 2 quick requests:

1. Share it with your audience so others can see - or just hit reply to let me know if it helped!

2. Drop me a follow @TraderDivergent

For more trading and psychology related content

Cheers!

===

[Alan Edward 🇬🇧 @TraderDivergent]

Trading is simple but 99% overcomplicate it.

Here are 7 steps that will explain how.

1/7

[Brett Erik @BrettErik]

Follow these accounts to upgrade your timeline:

AI: @JayNailer
Marketing: @jstnwst
Life: @yokedsoul
Automation: @h_nterx
Solopreneur: @thejustinwelsh
Hacks: @realrichwebb
YouTube: @LiliInvests
Systems: @matt_gray_
Self-Improvement: @MustBecomeHQ

[Mark Minervini Quotes @MinerviniQuote]

"Every major correction begins as a minor reaction. You can't tell when a 10% decline is the beginning of a 50% decline until after the fact, when it's too late."

[Alex Hormozi @AlexHormozi]

Until you win, effort always goes unnoticed.

Get used to it.

[Trading Composure @TradingComposur]

You're going to receive what you're asking for.

Just don't overthink how it will happen.

Relax, trust your process, and come into alignment with the market.

[Trading Composure @TradingComposur]

The truth is that you'll go through losses again and again and again.

This is the reality of trading.

The other truth is that this will hurt a little less each time.

[Trading Composure @TradingComposur]

Getting rich methodically is a process.

And there's no need to rush that process.

Focus on getting rich slowly and you will get rich quickly.

[Alan Edward 🇬🇧 @TraderDivergent]

Thinking is not an edge.

All the thinking was done when you tested the system.

When you go live everything is automatic,

You simply execute your plan flawlessly.

Don't think, respond.

[Trading Composure @TradingComposur]

Trading losses reflect an important reality of life ―good times will pass.

But since nothing is permanent, bad times will also pass.

Let that teach you wisdom.