Trading psychology boiled down in its simplest denomination l.
Thread 🧵

1. You’re not going to win every trade.
Don’t expect to.
This turns your attention away from being outcome depended to process oriented.

2. Risk management is your heart beat.
Don’t flatline.
Always remember rule number 1.
Don’t die.

3. Profitability is found in the aggregate.
However the key is that you’re trading 1 set up. (At least in 1 account)
You’ll find out if it’s a profitable edge after 50-75 trades.
Think of your edge as a business model/system

4. Greed is simply the excessive want for more.
How much do you really need?
The markets represent an infinite pool of wealth.
Do you REALLY need all the money.
Think about if you were the only person in the world to have money.
Would it really matter?
Play that movie in your head and see how ridiculous it is.

5. Consistency is found when times are tough.
It’s easy to stay consistent when you’re winning trades.
How about after a few losses?
Train your mind to think in large sample sizes.
Then you’ll find it easier to mentally and emotionally stomach drawdowns and losses.