๐—Ÿ๐—ฎ๐˜„๐—ฐ๐—ต๐—ฎ๐—ฟ๐˜€ | ๐—ง๐—ฟ๐—ฎ๐—ฑ๐—ฒ๐—ฟ ๐Ÿ“ˆ
๐—Ÿ๐—ฎ๐˜„๐—ฐ๐—ต๐—ฎ๐—ฟ๐˜€ | ๐—ง๐—ฟ๐—ฎ๐—ฑ๐—ฒ๐—ฟ ๐Ÿ“ˆ

@lawcharsfx1

14 Tweets 5 reads May 22, 2023
Did you know that over 80% of traders struggle for years before achieving consistent profitability?
But what if I told you there's a game-changing approach that can fast-track your journey to becoming a profitable trader
Here is the Thread for you ๐Ÿงต ๐Ÿ”ฅ
MARKET BEHAVIOUR MASTERY
It all depends on how fast you are going to get the right skills
The more you delay the worse you'll experience
And remember getting the right skills is one thing, after that, it's getting experience in what you know (The Skills)
1/11
Practical experience is essential for applying รฑ honing the skills in real market scenarios
It allows you to encounter challenges,learn from them รฑ further develop Ur skills
It provides valuable insights รฑ helps U understand how to navigate different situations effectivly
2/11
Through experience, you can refine your skills and gain a deeper understanding of the market and its behaviours
And this is through practice and backtesting
Learn more on how to backtest here ๐Ÿ‘‡๐Ÿฝ
3/11
THE TRADING WISDOM
Then finally learning how to master your psychology cause you'll only master better your psychology after having the right skills
This involves understanding and managing your thoughts, emotions, and behaviours to achieve optimal performance
4/11
Mastering your psychology often comes with experience, as you learn how to handle various situations, overcome obstacles, and maintain a positive mindset
And this is the journey to
๐Ÿซต๐ŸฝSelf-Realisation
๐Ÿซต๐ŸฝSelf-Awareness
๐Ÿซต๐ŸฝSelf-Mastery
5/11
It's a MARATHON, not a SPRINT
Skills, Experience, and Mastering psychology are all interconnected
So the earlier you acquire the skills the earlier you'll get experience, learn and master your psychology
6/11
The timeline for each individual may vary. Some traders may acquire skills quickly and gain experience rapidly
While others may acquire the skills but will require more time รฑ practice for understanding and gain experience
Also others may delay acquiring the right skills
7/11
This might depend on
โœ๐Ÿฝ Right Mentor
โœ๏ธ One's exposure
โœ๐Ÿฝ Intelligence and Understanding
โœ๏ธ Chart time practising รฑ backtesting
โœ๐Ÿฝ Consistency and Persistence
8/11
Have your own PACE
It's important to focus on
โœ… A growth mindset
โœ… Continuous learning
โœ… Adaptability and Flexibility
โœ… Consistency and Persistence in doing the right same things
And make progress at a reasonable PACE ๐Ÿ”ฅโณ
@ThisIsMagnetics
9/11
Furthermore, the path to success in trading is highly individualized, and no fixed timeframe applies to everyone
It depends on various factors and personal circumstances
Many factors beyond the individual's control can impact one's trading journey
10/11
So it's important to focus on Self Mastery. Know thyself.
And one of the best approaches is when you have already acquired the skills (Market Mastery)
Don't waste your precious years
Play Smart in making your decisions ๐Ÿฅ‚
11/11
"If U know the enemy and know urself,you need not fear the result of a hundred battles
If U know urself but not the enemy,for every victory gained you will also suffer a defeat
If U know neither the enemy nor urself,you will succumb in every battle"
- Sun Tzu "The Art of War"
Hope this thread has been informative and productive for you all
For more content follow @lawcharsfx1 @lawcharsfx1
Kindly Retweet the tagged tweet below and spread the knowledge to others ๐Ÿฅ‚ ๐Ÿค—

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