Stocks Admin with Investor's at Work.
Left school to pursue my dream of becoming my best trader. I don't post signals... I post reviews. Discord below!
If you size in 10k with a 20% stop loss, your max loss is -2k
How many times have you had conviction but got stopped out due to how contracts move or BS
Just size 2k and have conviction on your thesis/ entry + less mental stress since less it’s less capital
This is what the shift from trading on tilt to sizing down and focusing on the process looks like from a daily gross PnL. What fixed it? Hotkeys. Programming B/E stops and preplanned % stops as well as limit TP %s.
It seems to me that the personal evolutionary process takes place in five distinct steps. If you can do those five things well, you will almost certainly be successful. Together, these five steps make up a loop, like the one here. #principleoftheday
This typically happens in a couple of ways.
For the complete picture of how things work and where we are, my new book, Principles for Dealing with the Changing World Order, is now available: https://t.co/w9Q4KD96yv
$INTC VWAP Bounce and Swing High Anchored VWAP break and hold:
Got in once it held intraday VWAP and sized in when it closed above the swing high anchored vwap from the top on the 5th. I decided to get back in at the close for a swing. Exploded AH.
Got off to a slow start of 2022 but my goals for this week are:
- Make sure to journal and archive all my trades and post the review on twitter.
-I want to make no more than 5 trades this week total.
-I will practice mindful breathing before the market open and before i get up.
If u have a tested #strategy, you'll have more confidence.
If u have clear trading #rules, you'll act more calmly.
If u have a daily #routine, you'll spend less time with trading.
If u have a stock selection process, you'll consistently find big winners.
Work on those things!