@TheProfInvestor My biggest downfalls I know I need to work on. Overtrading and being too prideful to admit when I am wrong on a trade and cut it before it gets out of hand. Just gotta trust the math. With a 60% win rate you can be profitable just aiming for 20-25% profit and 20% hard stop
Market made bulls cry by not giving a bounce
Market is making bears cry by not giving a single red day
just when you throw the towel, it will reverse.
rubber band stretch theory in both directions
thats the only way it works.
Some hard truths about markets:
Institutions scare you out at the bottom and lure you in when the market's already up 10%.
Analysts are always behind. Never trust their hyped-up targets. By the time they upgrade, smart money already bought & up 50%.
Technical analysis shows you what's happening now.
Never put more than 20% in one stock. Diversification isn't sexy, but it saves accounts.
Nobody is smarter than moving averages. They give you support, resistance, and trend confirmation. Three ingredients you actually need.
False moves are underrated. They shake out weak hands more often than not. Learn to recognize them.
π Save this.
@The_RockTrading I love that you are faith based in your life and in your training community. Do you ever run trials for someone who might be on the edge of deciding to join?