How to Trade without Fear, Stress or Anxiety. 💯
Trading should bring wealth, happiness and peace.
Not stress and sleepless nights.
Here is how to trade without dying faster.
Please share to de-stress the world.
A Thread.
The reasons for feeling anxious and Stressed.
1. Too high Position Size.
2. No Exit Plan.
3. Almost no Entry strategy.
We will learn about them below and try to find a solution.
1. POSITION SIZE.
Position size should be equal to what you're willing to lose and not cry over.
Eg. If your position size is 10K, you should be able to lose 10K without it making you depressed.
It doesn't mean you throw away 10K as a random experiment.
If you're stressed? Reduce your Position size, Now!
But If I trade with such a small position size, it won't be much Profitable?
-Profits and wealth are built slowly, trade with small amounts, built your system, profits will accumulate.
Small Position size. Low Stress. Better life.
Remember, you don't need a lot to become big.
1% gain per day compounds to 3700% Return per year.
- If Stressed or anxious, reduce your position size.
Switch to smaller position which doesn't make you feel sleepless.
