10 truths I wish I knew when I started trading:
Trading always was, is, and will always be a game against yourself. Nobody can make it happen for you, and thereās nobody to beat.
Your only chance of winning is to practice being a better version of yourself today than you were yesterday.
/1
Traders waste so much energy lamenting on "I missed this" - if all that energy was spent on fixing a problem they just identified ā many of them would be better off than they are today.
Be a good problem solver, not a complainer. That negative energy is no bueno.
/2
Performance is a byproduct of position sizing.
Position Sizing stems from conviction.
Conviction is built by doing deep dives and studying specific setups in the markets, especially ones that tap into its structural tendencies consistently.
/3
Have a few setups you know really really well.
I have hundreds of examples on each, done deep dives & can trade them when I see them instinctively.
You have to know exactly what ur looking forā¦so u can repeatedly execute those setups & make them sources of income.
/4