90% of traders lose because they don’t even have a trading system.
If you don’t have a trading system, read this:
If you don’t have a trading system, read this:
1. Develop your trading style
Swing trading is patience at the highest level.
Scalping is high focus and fast execution.
Day trading is in the middle.
Develop your skills, maximize your success.
Swing trading is patience at the highest level.
Scalping is high focus and fast execution.
Day trading is in the middle.
Develop your skills, maximize your success.
2. Create a powerful trading system
Study/test different concepts:
- SMC/ICT
- Pure price action
- Indicators mix
- Etc.
Create the best system for you, focus 100% on it.
Study/test different concepts:
- SMC/ICT
- Pure price action
- Indicators mix
- Etc.
Create the best system for you, focus 100% on it.
3. Develop your trading skills
Consistency = Show up every da
Self-discipline = Follow your rules every day
Confidence = Practice every day
A trading system is useless if you can't execute it.
Consistency = Show up every da
Self-discipline = Follow your rules every day
Confidence = Practice every day
A trading system is useless if you can't execute it.
4. Think in probabilities
1) Trade your system
2) Win/Lose
3) Repeat
Everyone can win for 1 day. Everyone can lose for 1 day.
Only a few can win for 10 years.
1) Trade your system
2) Win/Lose
3) Repeat
Everyone can win for 1 day. Everyone can lose for 1 day.
Only a few can win for 10 years.
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. Plan your trading, plan your success
For 30-60 days:
- Focus on your system
- ALWAYS follow your rules
- Review your trades
- Set/achieve goals
Repeat over and over again.
See yourself growing.
For 30-60 days:
- Focus on your system
- ALWAYS follow your rules
- Review your trades
- Set/achieve goals
Repeat over and over again.
See yourself growing.
7. Shape your mindset
- 90% waiting, 10% execution
- Your system is your best trading weapon
- Mistakes, journal, lessons are the fuel to improve your weapon
- Thinking in probabilities is the hack to control emotions
Your mindset is your most important trading asset.
- 90% waiting, 10% execution
- Your system is your best trading weapon
- Mistakes, journal, lessons are the fuel to improve your weapon
- Thinking in probabilities is the hack to control emotions
Your mindset is your most important trading asset.
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