If you do it right, trading is the most rewarding business in the world.
But most traders can't win consistently for 3+ years.
7 hacks to improve 10x your trading:
But most traders can't win consistently for 3+ years.
7 hacks to improve 10x your trading:
1. 100% focus on risk and execution
- Most traders focus 100% on money, they take big risks and they blow big accounts
-If you focus on risk per trade, WR and RRR you will improve your execution
Stop focusing on money. Start focusing on risk.
Money will follow
- Most traders focus 100% on money, they take big risks and they blow big accounts
-If you focus on risk per trade, WR and RRR you will improve your execution
Stop focusing on money. Start focusing on risk.
Money will follow
2. Focus on A+ setups
- Many traders think you'll have more opportunities if you take more trades
- In reality, 90% of the times, more trades =\= more gain
- Patience for the best opportunities is the best trading skill
Wait for liquidity areas. Focus 100%. Win.
- Many traders think you'll have more opportunities if you take more trades
- In reality, 90% of the times, more trades =\= more gain
- Patience for the best opportunities is the best trading skill
Wait for liquidity areas. Focus 100%. Win.
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 or magic tools.
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 or magic tools.
4. Focus on the long term, not the short term
- 1 day, 1 week or 1 month are not enough to become a successful trader
- Every loss, mistake and failure is a step to be successful in 2-3-4 years
If you can overcome the learning curve, you can do anything.
- 1 day, 1 week or 1 month are not enough to become a successful trader
- Every loss, mistake and failure is a step to be successful in 2-3-4 years
If you can overcome the learning curve, you can do anything.
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. Build your mindset
- 90% waiting, 10% execution
- Plans, systems, rules are your trading weapons
- Mistakes, journal, lessons are the fuel to improve your weapons
- Thinking in probabilities is the hack to control emotions
Your mindset is your most important trading asset.
- 90% waiting, 10% execution
- Plans, systems, rules are your trading weapons
- Mistakes, journal, lessons are the fuel to improve your weapons
- Thinking in probabilities is the hack to control emotions
Your mindset is your most important trading asset.
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