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1/ Short thread:
My trading has gotten so much better this year and it has nothing to do with my winners but everything to do with how I& #39;m handling losers.
Metaphorically speaking, trading isn& #39;t just about highlight reel knockouts. It& #39;s about not getting knocked out.
My trading has gotten so much better this year and it has nothing to do with my winners but everything to do with how I& #39;m handling losers.
Metaphorically speaking, trading isn& #39;t just about highlight reel knockouts. It& #39;s about not getting knocked out.
2/
If you& #39;re in this game long enough, you& #39;ll catch big winners... and unfortunately, you& #39;ll probably catch big losers too.
Game changes when you make a habit of cutting losers before they get there.
Think about how much you& #39;re willing to lose instead of how much you can make.
If you& #39;re in this game long enough, you& #39;ll catch big winners... and unfortunately, you& #39;ll probably catch big losers too.
Game changes when you make a habit of cutting losers before they get there.
Think about how much you& #39;re willing to lose instead of how much you can make.
3/
It& #39;s ridiculously easy to justify holding a position because:
>There& #39;s another support on # timeframe
>Fundamentals/catalysts
>Trader ABC said it& #39;s a good buy!
No.
Get used to cutting your positions when you& #39;re wrong.
Stop slow injecting hopium into your veins.
It& #39;s ridiculously easy to justify holding a position because:
>There& #39;s another support on # timeframe
>Fundamentals/catalysts
>Trader ABC said it& #39;s a good buy!
No.
Get used to cutting your positions when you& #39;re wrong.
Stop slow injecting hopium into your veins.
4/
Tldr; plenty of opportunities to win big or lose big.
Figure out how to prevent your big losses (follow your invalidation, set a sl, whatever) and you& #39;ve already significantly improved your chances of making it here.
Tldr; plenty of opportunities to win big or lose big.
Figure out how to prevent your big losses (follow your invalidation, set a sl, whatever) and you& #39;ve already significantly improved your chances of making it here.
