"The measure of wealth is freedom.
The measure of health is lightness.
The measure of intellect is judgment.
The measure of wisdom is silence.
The measure of love is peace."
@naval
Money is not evil... the love of money is. Love people, love God, love the good you can do with money. Money itself is not worthy of love... people are.
Trading is simple.
1) Open charts
2) Execute your system
- If you see a setup, trade the setup
- If you don't see a setup, do nothing
3) Close charts
4) Repeat
Successful trading is 99% waiting.
Consistency is showing up every day.
Discipline is following rules every day.
Confidence is believing in your system every day.
Your daily habits determine your trading future.
Never trade without a plan.
Never trade without a risk plan.
Never trade without a system.
Never trade without rules.
Never trade without a stop loss.
Never trade without a target.
Never trade without conviction.
For those who struggle identifying liquidity, here are some easy targets:
- Previous session high/low
- Previous daily high/low
- Previous 3 daily high/low
- Previous weekly high/low
Above the 200 day moving average is where bulls create uptrends. Bad things happen below the 200 day moving average; downtrends, distribution, bear markets, crashes, and company bankruptcies.
Trading is not only about money:
🟢 It's Vision
🟢 It's Strategy
🟢 It's Resilience
🟢 It's Psychology
🟢 It's Confidence
🟢 It's Personal growth
▪ ▫ ▪ ▫ ▪ ▫
Money is just the final product!
You're a man.
Eat like a King.
Train like a Warrior.
Speak like a Leader.
Learn like a Student.
Think like a Philosopher.
And most importantly,
Put your trust in God.