You don’t have to react every perceived insult, rejection and criticism.
When a tiger is in jungle, hunting for dinner , many dogs bark at him.
Does he stop hunting and go after dog ?
Think about it .
Now you can see the masses don’t agree with me and hence we see $TSLA up 5% and $djt down 1%.
If masses had a brian, this should be the other way around.
This is why I take price action and tech analysis with a grain of salt.
Value is in $djt at 20. Not the other way around!
Rules that I live by EVERYDAY I look at the markets.
1.) Don't be greedy, take the profits.
2.) Always respect your defined risk on a position.
3.) Once a trade is at first TP it should NEVER go red, stop loss should immediately go to break even.
4.) If you wouldn't take a setup 100/100 times, don't bother. Save capital for quality.
5.) Days of market moving news use 1/2 of normal sized position for trades or do not even trade at all.
6.) Do not force a trade because you're bored.
7.) You do not need to trade everyday.
8.) If you are second guessing yourself on a position, close it out.
9.) Do not continue to average down into losers.
10.) If you get emotional over a trade, you're sized too heavy.
11.) Respect your money or you will lose it.
12.) If you're not levelheaded when looking at the markets, do not trade.
13.) Never revenge trade to chase losses.
Loss in intraday time frame cannot be avoided but can be managed.
Here’s how -
1. Never average into a loser.
2. Take loss.
3. Stop trading after daily loss limit.
Next day it can all be made back up, this is a promise (if u follow 3 rules above).
One of the biggest lessons I learned in life is to quit caring what people think, just be yourself & those who like you will stand by your side no matter what.
If you cater to a persona it will only hold you back.
Be yourself & strive for nothing but greatness.
All worries and problems in ur life are temporary. They are a function of your consciousness. They are not permanent and thereby are not true.
As you age, new worries and problems replace old worries.
See thru the matrix to defeat it.
Don’t take any worry of tomorrow.
- Jesus
Look, some of you won’t make it and it’s ok.
It’s a jungle out there.
In jungle if everyone is a tiger , then what will tiger eat?
So many have to be sheep. So a tiger can also eat.
It’s not complicated.