7 trading rules that will make you better than 95% of traders:
1. Know the environment
- Trading is the most competitive business in the world - It's not an online lottery, but a business that needs time to master it
- When everyone has the same opinion, you're already too late (90/10%)
Study. Learn. Become the best.
- Trading is the most competitive business in the world - It's not an online lottery, but a business that needs time to master it
- When everyone has the same opinion, you're already too late (90/10%)
Study. Learn. Become the best.
2. Plan your trading success
1) Survive. Risk management is everything
2) Small gains (1/2/3%) every month
3) Be a top 1% trader (5%+ gains every month)
Every step takes time. Take your time.
Trading is a marathon, not a sprint.
1) Survive. Risk management is everything
2) Small gains (1/2/3%) every month
3) Be a top 1% trader (5%+ gains every month)
Every step takes time. Take your time.
Trading is a marathon, not a sprint.
3. No greed, revenge, gambling
- Risk management is your #1 priority
- Plan the calculated risk. Take the calculated risk. Repeat
- The market is always ready to kick your ass when you become overconfident
No emotion control, no trading success.
- Risk management is your #1 priority
- Plan the calculated risk. Take the calculated risk. Repeat
- The market is always ready to kick your ass when you become overconfident
No emotion control, no trading success.
4. Trust your system
- Your system is your best trading weapon
- Trust it 100% and follow rules strictly
- Stop listening to other people if they force you to go against your system
Trust your weapons. Trust your skills.
- Your system is your best trading weapon
- Trust it 100% and follow rules strictly
- Stop listening to other people if they force you to go against your system
Trust your weapons. Trust your skills.
5. Don't buy at resistance, don't sell at support
- Learn to trade areas with most liquidity
- That's where the best trading opportunities are
- Swim with the sharks, don't be a tiny fish
- Learn to trade areas with most liquidity
- That's where the best trading opportunities are
- Swim with the sharks, don't be a tiny fish
6. Consistency is the best measure of success
- 3% every month is better than 2x in 30 days and blows everything the next day
- Studying, practicing, learning price action one a day is useless. Doing it every day for 365 will make you unstoppable
- 3% every month is better than 2x in 30 days and blows everything the next day
- Studying, practicing, learning price action one a day is useless. Doing it every day for 365 will make you unstoppable
7. Become a top 5% trader
- Know the environment
- Plan your success
- Control your emotions
- Trust your weapons
- Be consistent
- Know the environment
- Plan your success
- Control your emotions
- Trust your weapons
- Be consistent
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