Alan Edward | Divergent Trader πŸ‡¬πŸ‡§
Alan Edward | Divergent Trader πŸ‡¬πŸ‡§

@TraderDivergent

10 Tweets 50 reads Aug 31, 2022
Want to 10x your confidence in trading?
Then read this...
1/10
(Confidence comes from a set of rules)
No Plan = Hesitation
Hesitation = Regret
Regret = No Confidence
2/10
Remove the guesswork, have a plan
If A happens I will do B
If B doesn't happen I'll do C
3/10
(Evidence gives you confidence)
The 4 Key Stages
1. Research
2. Backtesting
3. Demo testing
4. Live testing
DO NOT SKIP IT!
4/10
Having a well-researched and tested plan gives you something to reference in your live trading
Going through a drawdown?
Okay, what does my tested data say?
Oh, it’s perfectly normal. Okay, carry on...
Instead of giving up on the strategy or system like the 95%
5/10
(Confidence comes from results)
You need to see your strategy working
- Risk small
- Let probabilities work
- Gradually increase risk
6/10
You have to let the strategy prove itself.
Gradually scale exposure as the strategy works.
Scale up in increments every time the strategy produces X- Amount e.g. 10%
7/10
Confidence is not an innate characteristic.
It's built through putting in the work.
Using these methods will skyrocket
your confidence to new levels.
Now it's all down to you...
8/10
If you enjoyed this & want to learn more like this then go grab my e-book
''The Blueprint To Trading Psychology.''
Click the link below πŸ‘‡
zlappo.com
9/10
Thank you for reading this thread, if you did please:
1. Follow me (@TraderDivergent) for more
2. Retweet the 1st tweet below to share this thread
10/10

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