Are you focusing on getting rich, or are you actually building a process that could keep you around for the next 5-10 years?
- Journaling
- Risk rules
- One main strategy
That's what separates survivors from statistics.
Are you focusing on getting rich, or are you actually building a process that could keep you around for the next 5-10 years?
- Journaling
- Risk rules
- One main strategy
That's what separates survivors from statistics.
If every session feels like gambling or a roller coaster, something's off. Over time, good trading becomes boring, repetitive, mechanical, controlled.
That's when you know you're doing it right.
If every session feels like gambling or a roller coaster, something's off. Over time, good trading becomes boring, repetitive, mechanical, controlled.
That's when you know you're doing it right.
There's never been more content, and most of it is entertainment disguised as education. Be suspicious of anyone flexing crazy returns with no real track record.
Look for people who talk about risk, drawdowns, and mistakes, not just wins.
There's never been more content, and most of it is entertainment disguised as education. Be suspicious of anyone flexing crazy returns with no real track record.
Look for people who talk about risk, drawdowns, and mistakes, not just wins.
"Make $10k this year" is cute but useless if you don't control your behavior.
Instead, set goals like:
- Follow my plan on 90% of my trades this month.
- Risk the same % per trade all quarter.
- Review my trades every weekend for 30 minutes.
"Make $10k this year" is cute but useless if you don't control your behavior.
Instead, set goals like:
- Follow my plan on 90% of my trades this month.
- Risk the same % per trade all quarter.
- Review my trades every weekend for 30 minutes.
You don't need anything fancy, but some kind of structured tracking will fast-forward your learning.
You don't need anything fancy, but some kind of structured tracking will fast-forward your learning.
Most new traders think journaling is optional. It's not.
Write down:
- Why you entered
- Where you'll get out
- How much you're risking
- What setup it is
After the trade:
- Did you follow the plan?
- What did you feel?
Most new traders think journaling is optional. It's not.
Write down:
- Why you entered
- Where you'll get out
- How much you're risking
- What setup it is
After the trade:
- Did you follow the plan?
- What did you feel?
You can survive a hundred small losses, but you can't survive three catastrophic ones.
Protect your account like it's the last one you'll ever have.
You can survive a hundred small losses, but you can't survive three catastrophic ones.
Protect your account like it's the last one you'll ever have.