The mindset of a professional trader
System over success
Discipline over desire
Consistency over luck
Success is an outcome;
system, discipline, and consistency
are the real edge.
Magnet Trade - Franklin Ochoa
There is high probability that CPR acts as magnet for prices when:
a)price opens gaps up towards R1 and there is test of price at R1 level
b)Price opened gap up to immediate resistance
c)Previous day close is near to current day CPR
@wealth_verse
For years I have been sharing daily the many lessons trading has taught me with a focus on the psychological aspects that hold many traders back from success.
I have been amazed at the great collaboration and the many relationships that have developed over the years within the trading community.
Many of my followers have encouraged me to write a book sharing my lessons. This has always been a dream of mine and your support, encouragement and collaboration have given me the confidence to write it.
Today I am excited to announce my first book, “The Trader’s Journey”, is now available for pre-order. I am proud to share that the book will be published by Harriman House this coming February.
Unlike most trading books that only show the “perfect” side of trading, “The Trader’s Journey” takes an honest, no-nonsense look at the real struggles traders face and how to navigate them. It starts with a hard truth about what trading truly requires, then walks through the critical components of long-term success.
Thank you all for helping to make this dream come true.
Link in thread for details.
🧵 Should You Quit Trading If You’re Not Profitable?
1/
If you’re not making profits consistently…
Don’t quit trading.
Quit live trading.
Switch to simulator mode till you gain control.
Typical trader problem on trending days👇
Buys options against the trend hoping for reversal…
Averages the losing position.
Breaks every rule.
Forgets sizing & risk.
Ends the day with a massive loss
This isn’t a market issue
It’s bias +no hedge +no discipline
How to fix it🧵👇