Chart Enthusiast | Elliott Wave Analysis | Liquidity & Market Dynamics
#BTC#SPX#Tesla#Stocks
Not a professional, just passionate about the markets.
NFA
All I need in life:
- pretty wife
- 2 French Au Pairs
- suspicious amounts of guns
- huge amounts of land somewhere in the countryside
- 5 sons
- constant adventures with the boys
No alarm in the morning, seafood and pasta diet, knowing your butcher by name, red wine with every meal, sitting out in the sun all day, playing cards with your friends by the sea
One of the easiest things you can do to become a better investor is keeping a journal of all your trades
Before you buy a stock, write down
> 3 bullet points on why you are buying it
> what would make you change your thesis
> what price you would become a seller at
> time horizon for how long you want to hold
Before you sell a stock, write down
> 3 bullet points on why you are selling it
> price that you would buy it again at
> what needs to change for you to buy it
> potential upside and downside left
Doing this alone will stop you from making impulse decisions that cost you money
There is incredible clarity of thought earned through writing down something on paper
Highly recommend