Helping you to trade effectively, without getting lost in your emotions. Discussing trading from the psychological aspect to the pure technical concepts.
Joined July 2020
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X account was hacked on March 31st.
I was able to recover it and improve security just a couple of days ago.
The account is now safe and recovered.
I will probably take a short break from social media and be less active to process everything.
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Trading losses can be painful.
It takes confidence to trade again after a trading loss.
Trading is not for weak people.
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Studying price action 14 hours per day is 100% useless if you break rules all the time.
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The 3 worst trading mistakes:
1) Taking stupid risks
2) Breaking your rules
3) Marrying one trade
Stop sabotaging your trading.
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Every day...
6-7 hours of patience.
10-20 min of fearless execution.
Wait for your trades.
Wait for your setups.
Execute like a sniper.
Successful trading is:
- 1% execution
- 99% patience
Don't be scared.
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Study your charts.
Study your system.
Study your emotions.
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Stop getting angry for a missed opportunity.
Just get prepared for the next one.
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MoneyTradeEdge | Better Thinking Better Trading retweeted
Stop fearing retracements.
Price never follows a straight line.
Trust your system.
Trust your plans.
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1 year of focused hard work can dramatically change your life forever.
Don't stop showing up.
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Plan everything.
Trade this if x happens.
Trade that if y happens.
Cut losses if z happens.
Close trade if x news happens.
Add trade if price retests.
...
Control 100% of what you can control.
Forget anything else.
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Trading teaches you isolation.
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The more you trade,
The more you realize that price action is king.
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Weekly to do list:
- Study price action
- Review past trades
- Review trading systems
- Plan trades for the next week
Never stop improving yourself.
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MoneyTradeEdge | Better Thinking Better Trading retweeted
5 years of hard work.
5 years of wins, losses, pain and success.
1 trading goal.
Freedom.
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Remember,
The #1 trading rule is:
Don't blow your account.
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Trading becomes 10x simpler when you realize you don't need to catch every single market movement.
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You start trading to avoid 9-5 jobs.
You will start working 24/7.
That's trading.
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You don't need talent.
You need patience.
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