@ChrisinLiuzhou Also, I can assure you, you hardly find pick pockets nowadays in china, because there isn't much paper money to be thrift with! China has truly becoming more welcoming & safe place to live. Cannot imagine that 15/20 yrs ago
@JonahLupton All looks gone case, US market is brutally market. Either you find new growth or new products to excite the market, otherwise, the market will forget you for very long time, and no turning back
It's time for your (and mine) monthly watching of this short clip to better your mental toughness and success in life. You're welcome. btw this is better than what you will find in any motivational book. And it's FREE 👇
https://t.co/uwAMhCpUDc
“Everyone wants to win — until they realize how many losses it takes.”
October has been one of the toughest months for me (and likely for some of you), especially when comparing LoD stops based sizing swing traders vs. % stops based sizing position traders. I’ve had 16 straight losses — but each one was small, contained, and the streak was fully within the expected variance range of a 30% win rate.
While it can be challenging for some of us, the key to navigating this, both mentally and emotionally, lies in accepting uncertainty through predefined risk management, where every trade has a clearly defined pain threshold. Your dollar-value tolerance should never trigger emotional reactions or push you off your intended plan. By acknowledging that losses are part of the process, we enter each trade with humility — assuming we may be wrong until proven right. The market must prove and continue to prove the validity of our thesis.
Start small, and let your risk grow only as your consistency and performance justify it. I always advocate using a fixed % risk relative to your latest net realized equity. Don’t increase risk just because you’ve had a few good trades — risk should only expand when it’s truly earned from realized profitable performance.
Avoid the illusion that everyone wins in trading. The real objective is not just to make gains, but to preserve them. True risk management goes far beyond setting stop losses — it means being proactive enough to cut size when the market proves you wrong. In the end, the trader who manages losses best will always outlast the rest.
“The best loser is the long-term winner.” - Phantom of the Pit
My first years as a day trader I was losing $1,000’s every month
It wasn’t until I studied a Single Strategy that I could use over and over that everything clicked
Now I have 5 figure days and 6 figure months
Below you can steal my exact strategy:🧵 https://t.co/hMx5uBGw4E
@TaPlot May the words of God be yr strength and guide you through tough & challenging journey. May His grace abundantly hold you through d journey. This a good to guide you throughout yr journey https://t.co/kbFYCcxiFw
Well, this is where the S&P 500 is now since Trump announced tariffs on both friends and foes. Is the temporary? Or just the beginning?
Music: Past Life Limbo by Dylan Sitts, Epidemic Sounds