Your job as a trader includes in this order
1) Laying out a specific trade idea
1a. Entry
1b. Stop Loss
1c. Profit Target
2a. Risk x% of portfolio
2) Entering on low leverage to be able to sit through drawdown comfortably and not sell early
3) Journaling the Result in order to learn and avoid future mistakes
4) Backtesting to condition your subconscious
"If SMT occurs before the macro or inside of the macro, that's going to be a rocket fuel for price" - @Arctotherium_ Model Construction | Lecture 2a
On a day like today patience was key. I'm rarely going to post executions because I'm still a learner, but needed to give credit.
Currently sick so I just woke up.
Seeing everyone trying to long today made me throw up at how many pattern traders there now are
Going to back sleep seeing that garbage
Gn
“Chris you’re so lucky for your work”
“I would kill to do it”
Dude, you wouldn’t even dedicate the time to learn it
In the matter of a few seconds of talking to someone I know
Who they are as a person
If they’ll achieve greatness
If they’re born for the mundane
The common factor is you’ll either chase perfection and destroy anything in your way
Or
Make every excuse and self sabotage every opportunity
Here are 2 of my mentees at the exchange with me who did the first.
https://t.co/y4qu1ew6Pn
new YT series drops tomorrow
Everyone talks about the same stuff but never how to put it together. Here's the series to fix that