Top 7 Things You Must Do Differently to Achieve Massive Success as a Trader by Jesse Stine

(Jesse turned $46,000 into $6.8M in 28 months, netting him a return of 14,972%)

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Learn How to Sell

๐Ÿ”น "Most investors spend 99% of their time studying what to buy and when to buy it."
๐Ÿ”น "If you don't become passionate about the art of selling, you might continually lose a majority of your gains."
๐Ÿ”น"Fear is NOT a profitable sell signal"
Focus on Weekly and Monthly Charts

๐Ÿ”น"Smart money billion dollar hedge funds and institutions base their buy and sell decisions almost exclusively on longer-term weekly and monthly charts."

To make big money, we have to know what big money is doing.
Wait Until Everything Lines Up

๐Ÿ”น"There's only one way to put yourself in a position to hit a grand slam. Wait, wait, & wait some more until most of the technicals line up in your favor. By waiting until EVERYTHING lines up, your odds of massive success go through the roof."
Invest on an Island

๐Ÿ”น"Ignore the noise and make your own decisions."
๐Ÿ”น"By eliminating all the 'noise', you open up the possibility of massive success."
Buy Individual Stocks, not Mainstream ETFs or Mutual Funds

๐Ÿ”น"To beat the market, spending time on specific stocks is critical for your success."
Become Obsessed with Charts

๐Ÿ”น "Your only focus should be on making money from increasing PRICES. Unlike many others, your goal should never be to feel 'all warm and fuzzy' about a fundamentally strong company that you have great love for."

Price pays. Opinions don't.
Become a Sentiment Stud

๐Ÿ”น"As you master your emotions, you'll find yourself buying boredom and fear, and selling euphoria."
๐Ÿ”น "The investors making billions are the ones who are buying hand-over-fist during each global crisis. They are buying fear. They were the ones selling all of their holdings when the news was most euphoric."
Key Takeaways:

โ–ช๏ธ Learn how to sell
โ–ช๏ธ Focus on the weekly/monthly time frame
โ–ช๏ธ Wait for your pitch
โ–ช๏ธ Remove distractions & noise
โ–ช๏ธ Focus on individual names
* Obsess over charts
โ–ช๏ธ Understand sentiment
If you want to read more of his work, here is a link to his book ๐Ÿ‘‡

https://t.co/YhmLlllgFj
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The Importance of Trading Rules (Quick thread)

Last week I sent out this poll asking if people have a written


Over 60% of people said they did not have one.

It's now one of my main goals to get as many people as possible to commit to writing their own rules which codify their goals and methods.

I strongly believe that writing down your strategy especially if you are a new trader/investor will lead to improved and more consistent performance in the stock market.

Trading the markets is a tough business, money is on the line and emotions can run high.

Preparing ahead of time is essential so that in the moment you are just executing your plan.

This is the best way to stay in the game for the long haul

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