Roshan

Figuring it out!

[Tony Trades @ScarfaceTrades_]

Trading didn’t come into your life for money.

It comes to give you patience, give you emotional intelligence and increase discipline.

Trading will unlock your full potential not just financially but every aspect of life.

[Nick Schmidt @NickSchmidt]

This was me in March.

The market makes everything look like opportunity. If you are looking for something to do you will always find it. That’s exactly what makes trading so difficult.

I know by now discipline is not enough to keep my from overtrading… I have to step away from the screens

[Roshan @iamroshn]

@Ollie_AllCaps Follow up question, do you always move your stop to BE after first TP?

[Roshan @iamroshn]

@jfsrev You mean 100% RVOL on the 5min candle close or on the Daily TF by the first 5min close?

[Roshan @iamroshn]

@Gaurav_Cx10 Have you been there before? Connecting everything to self image and being scared of losses, etc.? How did you get yourself out of that mindset? Thanks for sharing this.

[Tito A @GnT_Trades]

If I had to do it all over again..

The truth is I don’t know if I would have been successful at this

Life feels a lot like a random walk. You can do the right things, stay disciplined, and still end up somewhere unexpected, while someone else catches a lucky break that changes everything for them

Skill matters, but luck plays a bigger role than most people admit/appreciate. Some will argue you make your own luck, and I do believe that hard work does increase the surface area of luck but some things are just outside your hands.

Having said that, the goal isn’t to control every outcome. It’s to keep showing up, stack the odds in your favor, and be ready when randomness finally leans your way.

But also, always be grateful for all the good things that happen to you. Count your blessings.

[Nick Drendel @NickDrendel]

Day trade your entries
Swing trade your trims
Position trade your winners

[Josef @joseftrades]

I think one of the biggest reasons people quit trading…

is because they underestimate how long it takes to become the person who deserves to make money from the markets.

The strategy isn’t the hard part.

The consistency is.

[Roshan @iamroshn]

@BlogJulianKomar How often do you find yourself catching 10R+ trades?

[Trading Composure @TradingComposur]

Find low-risk entry points, manage your downside, and keep playing.

Small loss, breakeven, small win, big win... rinse and repeat ad nauseam.

That's it. That's all it is.

Your mind makes trading more complicated than that because it is attached to immediate results.

[Sean trades @SRxTrades]

One day you will make so much money

You wont even remember all those little losses

Keep pushin

[Roshan @iamroshn]

@mmonis @PradeepBonde When do you normally take your first trims and by how much %?

[Gaurav Srivastava @Gaurav_Cx10]

Some highly intellectual people are calling today's move a dead cat bounce.
A dead cat bounce happens after a stock is already dead -means stock in a clear downtrend where a short-lived rally quickly fails and the stock resumes making new lows.
Fact is:
Nearly 80% of small & mid-cap leaders are in established uptrends. Many are trading at or near their 52WH or ATH
In fact, many quality leaders are now taking support around their 21 or 50 DEMA(11WEMA) exactly where you would expect healthy trends to pause before attempting the next move.
Don't get distracted by labels.
-Focus on trend.
-Focus on relative strength.
-Focus on leaders.

[Jeff Sun, CFTe @jfsrev]

Proficient trading with longevity doesn't require changing your behavior. It may only require redirecting it.

1. Replace the urge to execute with the urge to cut losses (early).

2. Replace the reluctance to cut losses with the reluctance to execute.

The behavior stays the same, but the direction change. And it may produces the biggest improvement to your long term trading performance.

[iain @ohiain]

A simple framework I come back to over & over:

Weak Market → Focus on strength.

Strong Market → Focus on strength within weakness.

That's how I was able to visually see rotation into software, industrials + healthcare early.

[Roshan @iamroshn]

@NickDrendel How & when do you take your trims?

[Roshan @iamroshn]

@RealSimpleAriel @Peoplewish Curious to know why? Could you explain more?

[Roshan @iamroshn]

@ohiain Do you still take out your first partial trims at 2R on commons too?