There are:
- Successful traders with 3 years of experience
- Unsuccessful traders with 5 years of experience
Mindset is key, not age.
Here are 7 signs of successful traders:
- Successful traders with 3 years of experience
- Unsuccessful traders with 5 years of experience
Mindset is key, not age.
Here are 7 signs of successful traders:
1. One unbreakable trading system
- Your edge is your most powerful weapon
- You trust 100% your trading system
- Losses are just costs of business
Nothing can stop your system.
- Your edge is your most powerful weapon
- You trust 100% your trading system
- Losses are just costs of business
Nothing can stop your system.
2. Thinking in years, not days
- Don't try to 3x accounts in 30 days
- Hit 2% every 30 days. Then 4%. Then 6%. And so on.
Rome wasn't built in 1 day.
- Don't try to 3x accounts in 30 days
- Hit 2% every 30 days. Then 4%. Then 6%. And so on.
Rome wasn't built in 1 day.
3. Plans, systems, rules
Become a master of your weapons:
- Plan like a genius
- Execute systems like a robot
- Follow rules like a soldier
In trading there are no crystal balls, magic tools and lucky breaks.
Become a master of your weapons:
- Plan like a genius
- Execute systems like a robot
- Follow rules like a soldier
In trading there are no crystal balls, magic tools and lucky breaks.
4. Not losing 5 years of hard work in 1 single day
- Greed is the most powerful trading killer
- You win 5-10-20 trades in a row, but you lose everything with 1
- Don't remove stops, risk big and thinking you can't lose
Plan your risk. Plan your success. Never break rules.
- Greed is the most powerful trading killer
- You win 5-10-20 trades in a row, but you lose everything with 1
- Don't remove stops, risk big and thinking you can't lose
Plan your risk. Plan your success. Never break rules.
5. Mistakes, journal, lessons
- Use mistakes to become a better trader
- Journal trades to understand your mistakes
- The lessons you learn from mistakes are your best teachers
You can't succeed in 3-6 months. Experience is not that cheap.
- Use mistakes to become a better trader
- Journal trades to understand your mistakes
- The lessons you learn from mistakes are your best teachers
You can't succeed in 3-6 months. Experience is not that cheap.
6. Thinking in probability
- Trading is a different business: 0% certainty. 100% uncertainty
- You fight uncertainty with edges, systems, data, rules, risk management
- Everyone can win 1 trade. Everyone can lose 1 trade.
Every successful trader thinks in probabilities.
- Trading is a different business: 0% certainty. 100% uncertainty
- You fight uncertainty with edges, systems, data, rules, risk management
- Everyone can win 1 trade. Everyone can lose 1 trade.
Every successful trader thinks in probabilities.
7. Believing in yourself
Trading is the most competitive business in the world.
It involves self-doubt, pain, emotional fights, early days, late nights, impatience, failures.
You won't succeed in 1 or 30 days.
If it were easy, everyone would do it.
Trading is the most competitive business in the world.
It involves self-doubt, pain, emotional fights, early days, late nights, impatience, failures.
You won't succeed in 1 or 30 days.
If it were easy, everyone would do it.
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