Bought my dream Lamborghini Urus at 23
Day trading made this possible, you can do anything you put your mind to.
Keep going, please never stop chasing your dreams.
Thank you God π
Thanks for the feedback! I close most of my trades manually because I am constantly in front of the screen when iβm trading, Iβm a intra day trader and scalp sometimes. Also that one big loss I had I got a bit emotional, but mistakes happen all the time in trading even when you are already profitable. π―
Consistency is a lot more important than huge profits.
You can't make huge returns every single month.
It's impossible.
And... if you have huge returns, you automatically have huge drawdowns.
One single mistake, and your account is fucking gone.
When you have $100 in your trading account, it doesn't matter, I know.
But... once your account becomes big, you won't be able to take the same risks anymore.
You might think you'll be able to take the same risks with an account balance of >$100,000, but you won't.
We're all greedy.
I am too.
I'd like to risk 15% per trade and become a fucking billionaire.
But... I know it won't work.
Even if it works in the short term, I'll lose everything over the long term.
It's guaranteed.
And... I'm aware of that.
Greed never wins.
Take it fucking slow.
Consistency is everything in trading.
If you can make 3% on average per month, you're going to become insanely rich.
You don't need 30% a month.
You can't achieve that consistently.
It's completely impossible.
3% is doable, and it'll make you disgustingly rich.
So...
To everyone, including me:
Focus on small, consistent gains over long periods of time.
Huge profits lead to huge drawdowns, which lead to bankruptcy.
Greed never fucking wins.
Trading is so fucking great...
Not only because of the money and the freedom...
But... also because it teaches you how to fucking win in life.
You learn to study.
You learn to work hard.
You learn to control your emotions.
You learn to manage risk.
You learn to stay calm under pressure.
You learn persistence.
You learn discipline.
You learn consistency.
All those lessons will help you achieve everything you want in life.
Even if trading stops working... who the fuck cares?
I can start a business and make it successful.
I can become a content creator and go viral.
I can work a 9β5 job and be the best at it.
I can start investing and make a shit ton of money.
Nothing can fucking stop me anymore.
All because of the skills trading has taught me.
Trading makes you a fucking winner.
It teaches you how to win at everything you want.
Learning to trade is soooo fucking hard.
That's why I always say:
IF YOU WIN AT TRADING, YOU BECOME UNSTOPPABLE.
You don't just become a good trader.
You become a good loser.
And... because of that, you end up becoming a good winner.
You learn how to win.
Not just at trading...
At everything.
That's why trading is not just about money and freedom...
It's about the person you become once you conquer trading.
You become a fucking winner.
And... once you learn how to win, you'll win at everything you do with your life.
This is the true power of trading.
Support and resistance are key price levels where the market tends to react:
Support = a price level where buyers tend to step in, making it harder for price to fall lower. Think floor.
Resistance = a price level where sellers tend to step in, making it harder for price to move higher. Think ceiling.