Joined April 2011
- Tweets 743
- Following 11
- Followers 914
- Likes 188
9 Photos and videos
Mar 31
Me seeing a setup and not trading: > Price goes 400% 📈
Me seeing a setup and finally entering:
Market turns into a vertical line to hell 📉
I am the exit liquidity I’ve been warned about.
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7 Nov 2023
1. Define your risk before each trade.
2. Cut your losses (use stops)
3. Systematically take profits.
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7 Nov 2023
Five fundamental truths according to Mark Douglas:
1. Anything can happen.
2. Every moment in the market is unique
3. I don't need to know what will happen next in order to make money in the market longterm.
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7 Nov 2023
4. There is a random distribution of wins and losses for every set of variable that constitute an edge
5. An edge is simply a higher probability of one thing happening over another.
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7 Nov 2023
We have to be rigid in our rules and flexible in our expectations.
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6 Oct 2023
"1% better everyday"
Or
"1% better every week"
Or
"1% better every month"
Or
1% better every year"
No pressure.
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5 Oct 2023
"Your edge in trading is not just in your strategy, but in how you execute it." - Brett N. Steenbarger
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4 Oct 2023
"To become a successful trader, you need to master the art of managing losses." - Ed Seykota
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3 Oct 2023
"Trading is a marathon, not a sprint. Consistency is your ultimate goal." - Linda Raschke
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2 Oct 2023
"The market rewards those who are disciplined and well-prepared." - Alexander Elder
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2 Oct 2023
"Focus on the process, not the outcome. Good processes lead to good results." - Curtis M. Faith
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2 Oct 2023
"Trading is not about being perfect; it's about being consistently profitable." - Michael Covel
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1 Oct 2023
"The most successful traders have a respect for the markets; they never underestimate them." - Alexander Elder
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1 Oct 2023
"Trade small, trade often, and never add to a losing position." - Jesse Livermore
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1 Oct 2023
"Being patient and waiting for the right opportunities is a mark of a successful trader." - Jack D. Schwager
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30 Sep 2023
"Trading success is built on persistence, not luck." - Alexander Elder
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29 Sep 2023
"Trade the trend until the bend; then trade the countertrend until the end." - Alexander Elder
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