Trading gets easy with more Capital.
2-3% a month on 500K is 10-15K
20%-30% a month on 20K 4K-6K.
It requires less skill on more Capital to make money.
If you're a greedy trader, start following your rules.
If you're an anxious trader, start reducing your risk.
If you're a scared trader, start thinking in probabilities.
If you're an angry trader, focus on the next opportunity.
If you don't know where to start:
Master one setup
- Practice
- Memorize
- Be the best on that setup
Execute
- Focus 100% on your setup
- Forget anything else
- Think in probability
Don't stop
- Be consistent
- Learn from your mistakes
Never forget trading is a long journey.
Trading is hard:
- The battle is against yourself
- Fear, greed and anger steal your money
- No one will come to save you
That's why most traders give up.
Watch the deck get shuffled, mixed, and cut... like Price is intraday between swings up and down... seemingly random.
Then, really observe how orderly everything actually is for the Mechanic controlling and dealing the cards.
Nothing is random... nothing.
Taking profits early can be a bad habit to get into and once created can be hard to break.
You need to sit down with yourself and think about how this will affect your results in the long run.
Change your mindset from a short-term thinker to a long-term thinker.
Some Tricks To Utilize Fair Value Gaps Efficiently📝
I'm going to be talking about tricks about FVGs in this thread. I think you all will love it.
Some of them allows us to determine high probablity trading conditions better, while others help us to see opportunities.
THREAD🧵
A plan for $APT
1. The bounce from support
2. Deviate support.. many pile into shorts here
3. The final squeeze, stop out all nearby shorts
4. It's over
Stop thinking you need a lot to do well.
5 handles per day is 1250 per week on a single mini ES contract.
Imagine what that would do for your living costs.
#MakingEnds