I believe every trader will face a time in their trading journey where they have to make a decision between one of two things:
1. Get so sick and tired of making the same mistakes that they are forced to change.
OR
2. Quit trading forever
Majority of you will take the easy way out
Daytrading for two years now.
First payout after 3 months (10k) after that, a 9 months lose streak.
Lowest point in my life (and trading career) was in my 6-12 months, i losst everything i owned, every single penny. Horrible.
After that, a big mindset shift, a deep psychological shift.
Now ..? I am on a 15 months winstreak.
Yes, 15, months. Too good to be true.
But here i am.
My advice after such a intense and fast glow up?
1. Always be in control of your ego.
2. Learn to have patience, its better to take a safe small
step, rather than a big risky step.
3. Learn when and how to scale up (in winning streaks)
and when and how to scale down (in losing streaks).
4. Learn how to think flexible. There is not only 1 way to
sucess, trading can be very deep psychological, if you
allow it to and if you understand how to think in
multiple different ways, you will have access to a
large choice of actions.
5. Think in weeks, months and years. Not in minutes
hours and days. Yeah you can make 5K today, but you
can also lose 10k after that if you dont pay attention.
6. Ignore the outside noise, a lot of people just like to
talk, but only a few do it for a living.