Trading Exercises to become a better trader 101.
Do this till and find you edge.
1. Find a consistent trader. Make note of all his tools and metrics.
Do this till and find you edge.
1. Find a consistent trader. Make note of all his tools and metrics.
Find a trader whose style you enjoy, who you assume is profitable AND consistent.
Consistent is most important here.
2. Make note of all his tools.
Google those tools.
Understand the formula for those tools and read everything about it.
Everything.
Consistent is most important here.
2. Make note of all his tools.
Google those tools.
Understand the formula for those tools and read everything about it.
Everything.
3. Start using those tools on the lowest timeframe Possible.
There's no tool you can't learn from the internet so stop paying for it paid groups.
4. Watch, monitor and make notes of those tools live, everyday,for hours.
'Edge comes from screen time.
Find correlation'
There's no tool you can't learn from the internet so stop paying for it paid groups.
4. Watch, monitor and make notes of those tools live, everyday,for hours.
'Edge comes from screen time.
Find correlation'
5. Analyse their behaviour and how it impacts the PA.
Remember, PA tells you everything but tools tells you why PA acted a certain way.
Use aggregated tools wherever Possible. Observe and Journalise.
Remember, PA tells you everything but tools tells you why PA acted a certain way.
Use aggregated tools wherever Possible. Observe and Journalise.
6. Make conclusion of all your learnings and start deploying capital to test everything.
Trade with Risk Management no matter how small your capital is and keep doing it.
Make 1000s of such trades, test the tools and consider it your trader tution fee.
No need for Paid Groups.
Trade with Risk Management no matter how small your capital is and keep doing it.
Make 1000s of such trades, test the tools and consider it your trader tution fee.
No need for Paid Groups.
Summary.
Find a trader.
Make note of all his tools.
Google all about those tools and learn how they work and how they are derived.
Watch them on 1 minute or lowest ticks and keep observing.
Deploy small capital and take 1000s of small bets to prove your learning.
Find a trader.
Make note of all his tools.
Google all about those tools and learn how they work and how they are derived.
Watch them on 1 minute or lowest ticks and keep observing.
Deploy small capital and take 1000s of small bets to prove your learning.
Also, everything is available on the internet for free.
You can join the free Mentorship where we are learning to Trade Bitcoin.
It's organised, maybe slow but step by step to learn trading and all The tools.
JOIN - t.me
Enjoy your day. All the best.
You can join the free Mentorship where we are learning to Trade Bitcoin.
It's organised, maybe slow but step by step to learn trading and all The tools.
JOIN - t.me
Enjoy your day. All the best.
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