1. Anything can happen. 2. You don’t need to know what is going to happen next to make money. 3. There is a random distribution between wins and losses for any given set of variables that define an edge. .
It’s all a matter of patience and trust; it sounds very easy, but it’s so difficult in practice. Infinite thanks to Avi @TheAvi8ors@cryptopermabull@nasdaq_girl1 to be my Daily, Weekly and Monthly inspiration!! In Therapy!!
🔥 LATEST: Hyperliquid, built by Jeffrey Yan, reportedly generated over $900M in profit with just 11 employees, making it one of the most profitable startups per employee globally.
• "Amateurs think about how much money they can make. Professionals think about how much they can lose." — Jack Schwager
• "You don’t need to know what is going to happen next to make money." — Mark Douglas (From Trading in the Zone)
• "It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong." — Stan Druckenmiller
• "If you don't bet, you can't win. If you lose all your chips, you can't bet." — Larry Hite
I don't predict the future; I just react to what the market is telling me right now." — Linda Raschke
• "Amateurs think about how much money they can make. Professionals think about how much they can lose." — Jack Schwager
last two months i have been following 80/20 principle .
1. Take asymmetric trades with big upside and small downside
2. master cutting losses fast
i see lot of people complicate there system and ignore most important thing.follow simple system and see the magic
@TheAvi8ors market goes up or down..consistency is key to success..tried to minimise losses and results are good so far this month..join mentorship here
https://t.co/WxBEW4Txc6