Opportunities are endless for you as a trader.
Once you grasp this concept, you'll continue putting in the work and also positioning yourself effectively.
Last year, spurred by my consistent posts on LinkedIn, I received a direct message from a CEO of a trading/hedge fund..
Verily, a trader of any nation, shall not translate his losses, be they in dollars, euros, or pounds, into the currency of his own land, lest the disproportion of exchange trouble his heart and cloud his judgment; for the weaker coin of his homeland may magnify his woes 🤝🏾
Verily, a trader of any nation, shall not translate his losses, be they in dollars, euros, or pounds, into the currency of his own land, lest the disproportion of exchange trouble his heart and cloud his judgment; for the weaker coin of his homeland may magnify his woes 🤝🏾
If you meet Elon Musk face-to-face and he tells you, “Don’t give a f**k about what others think.. just do what you gotta do”
Best believe, you’ll start moving differently.. without caring what other people say
Most people already know what to do
Sometimes they just need to hear it from someone they respect or look up to.
If you meet Elon Musk face-to-face and he tells you, “Don’t give a f**k about what others think.. just do what you gotta do”
Best believe, you’ll start moving differently.. without caring what other people say
Most people already know what to do
Sometimes they just need to hear it from someone they respect or look up to.
It doesn’t matter the number of advice you get on trade management, trading psychology and whatnot
If you don’t have something else bringing you money aside trading, while starting out..
Bro..
You will flop badly
The concept of trading psychology as portrayed on the internet is cliché. Everyone knows the trading psychology rules
But one of the underlying causes of bad trading is still DESPERATION
And this is caused by the need to settle bills and survive, among other things
The chances that you’ll make it as a beginner or unprofitable trader, without having a supplementary skillset/job to pull in money is near zero. Only 1 in 100 traders achieve this
Do something outside of trading, and watch your trading change
You become less desperate
Discipline becomes easy
You stick to your trading rules
You have something to fall back to, during bad trading days
Trading psychology is easier taught than put into practice
Any trader can read up multiple trading psychology books and speak on it as though they are well grounded in real trading
-
If you are just starting out or still not profitable after multiple tries, go back to acquire a skill other than trading or get a job.
Trading is profitable, however you need something already giving you money as a beginner or an unprofitable trader.
It doesn’t have to be a flashy skill/job.
As long as it puts money inside your pocket, it should do the magic.
You trade and learn properly when you are not HUNGRY or desperate.
It doesn’t matter the number of advice you get on trade management, trading psychology and whatnot
If you don’t have something else bringing you money aside trading, while starting out..
Bro..
You will flop badly
The concept of trading psychology as portrayed on the internet is cliché. Everyone knows the trading psychology rules
But one of the underlying causes of bad trading is still DESPERATION
And this is caused by the need to settle bills and survive, among other things
The chances that you’ll make it as a beginner or unprofitable trader, without having a supplementary skillset/job to pull in money is near zero. Only 1 in 100 traders achieve this
Do something outside of trading, and watch your trading change
You become less desperate
Discipline becomes easy
You stick to your trading rules
You have something to fall back to, during bad trading days
Trading psychology is easier taught than put into practice
Any trader can read up multiple trading psychology books and speak on it as though they are well grounded in real trading
-
If you are just starting out or still not profitable after multiple tries, go back to acquire a skill other than trading or get a job.
Trading is profitable, however you need something already giving you money as a beginner or an unprofitable trader.
It doesn’t have to be a flashy skill/job.
As long as it puts money inside your pocket, it should do the magic.
You trade and learn properly when you are not HUNGRY or desperate.
If you want to start trading without pressure, with discipline and clarity
Don’t make trading your only source of money
-
You trade better when you are not HUNGRY
You follow your rules when you have all or a large part of your bills sorted already
Your trading changes drastically.
If you want to start trading without pressure, with discipline and clarity
Don’t make trading your only source of money
-
You trade better when you are not HUNGRY
You follow your rules when you have all or a large part of your bills sorted already
Your trading changes drastically.
Everybody throws around the term A+ SETUP like it’s a holy grail
But the truth is, most traders have no idea what that actually means
Let’s talk about it
This might change how you see your whole trading process. 🧵
So before your next entry, pause for a second and ask yourself:
“Is this really an A+ setup… or am I just trying to feel productive?”
The moment you stop chasing every candle and start waiting for your setup, trading gets a lot quieter, and a lot more profitable.
Everybody throws around the term A+ SETUP like it’s a holy grail
But the truth is, most traders have no idea what that actually means
Let’s talk about it
This might change how you see your whole trading process. 🧵
The hard part isn’t spotting an A+ setup
It’s having the discipline to trade only them
That’s what maturity in trading looks like: knowing when not to trade.