You won't be a successful trader if you don't know your mind.
Here are my three tips to unlock the true power of your mind.
🧵
Here are my three tips to unlock the true power of your mind.
🧵
You need to analyse your mind more than the markets as it’s how you’ll win more trades than you lose.
Otherwise you’ll be stuck revenge trading and over-risking.
Otherwise you’ll be stuck revenge trading and over-risking.
Step 1.
The mind is the most valuable currency you can trade and it has a LIMITED capacity for daily attention.
Meaning that you can’t waste it on instant gratification tasks, but instead invest it into singular purpose-driven habits.
The mind is the most valuable currency you can trade and it has a LIMITED capacity for daily attention.
Meaning that you can’t waste it on instant gratification tasks, but instead invest it into singular purpose-driven habits.
Step 2.
The only habit that benefits your mind and patience with time is discipline.
Correct the impulse of instant gratification, it’s how you’d stop getting nervous before pressing buy or sell.
The only habit that benefits your mind and patience with time is discipline.
Correct the impulse of instant gratification, it’s how you’d stop getting nervous before pressing buy or sell.
Exercise takes a greater toll mentally than physically.
It’s something people don’t understand. Do it daily and focus your mind solely on it, but this doesn’t matter if you don’t perform the correct mindfulness techniques.
It’s something people don’t understand. Do it daily and focus your mind solely on it, but this doesn’t matter if you don’t perform the correct mindfulness techniques.
Step 3.
Mindfulness.
You can do this at any time of the day, you have to be aware of your thoughts while performing an activity or the thoughts that generate you to do an activity.
Remember, you are where you are because of your thoughts.
Mindfulness.
You can do this at any time of the day, you have to be aware of your thoughts while performing an activity or the thoughts that generate you to do an activity.
Remember, you are where you are because of your thoughts.
You need to think about everything you're doing and why you're doing it. from opening social media, to studying the market
So just do things that produce a result.
Otherwise, why do them?
So just do things that produce a result.
Otherwise, why do them?
These three steps alone will prevent you from giving up trading, and basically anything in life.
Loading suggestions...