I’m now at over $880k profit in 2022 from daytrading.
Heres the top 5 things that helped me get to this point👇🧵
Heres the top 5 things that helped me get to this point👇🧵
1. Having rules
I wouldnt be able to trade consistently with large size if I didnt have a strict set of rules I follow.
I always know when Im taking a trade, when Im cutting a loss, and when Im taking profit.
I wouldnt be able to trade consistently with large size if I didnt have a strict set of rules I follow.
I always know when Im taking a trade, when Im cutting a loss, and when Im taking profit.
2. Tight discipline
Im proud to say that after 5+ years of trading my discipline is at an all time high.
While im not 100% perfect Im mentally in a place where I almost never stray from my rules and am able to execute in an almost robotic manner.
Im proud to say that after 5+ years of trading my discipline is at an all time high.
While im not 100% perfect Im mentally in a place where I almost never stray from my rules and am able to execute in an almost robotic manner.
3. I dont force trades
If the setup isnt there I wont trade. Taking impulsive trades when theres no setup is a great way to donate your money to the market.
My biggest loss this year was from losing discipline one day and forcing horrible trades.
If the setup isnt there I wont trade. Taking impulsive trades when theres no setup is a great way to donate your money to the market.
My biggest loss this year was from losing discipline one day and forcing horrible trades.
4. Accept the risk
You need to be okay with losing money if you want to make money.
Im always prepared to close a trade for a loss if it doesn’t go my way.
This keeps my losses tight and prevents me from bagholding.
You need to be okay with losing money if you want to make money.
Im always prepared to close a trade for a loss if it doesn’t go my way.
This keeps my losses tight and prevents me from bagholding.
5. Confidence + Time.
This didnt happen overnight.
It took thousands of hours of experience and screen time to get the confidence to take large trades when I see my setups.
So if you want to do big numbers, expect to put in big hours.
This didnt happen overnight.
It took thousands of hours of experience and screen time to get the confidence to take large trades when I see my setups.
So if you want to do big numbers, expect to put in big hours.
If you want to learn my methods for consistent options trading, check out my guide below:
👇👇👇👇👇
bobatrader.gumroad.com
👇👇👇👇👇
bobatrader.gumroad.com
This course contains:
✅My trading backstory
✅Trading Psychology (How to master your emotions)
✅Supports/Resistances (Key levels)
✅Supply & Demand (core of my strategy)
✅My Charting Methods
✅My 2 Setups (Bread and Butter setups i use everyday)
✅Key to Risk Management
✅My trading backstory
✅Trading Psychology (How to master your emotions)
✅Supports/Resistances (Key levels)
✅Supply & Demand (core of my strategy)
✅My Charting Methods
✅My 2 Setups (Bread and Butter setups i use everyday)
✅Key to Risk Management
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