Trading Brainers


Kanal geosi va tili: Hindiston, Inglizcha


Disclaimer : This group is loaded with Brain Storming Posts about trading and life

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Hindiston, Inglizcha
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Punishing for not swimming without having skills to swim ?


RULES WITHOUT RELATIONSHIP REBELLION


Trading is the hardest easiest money to make.


You can argue with anything but not with success


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#brainers


[Follow your trading plan regardless of each trade’s outcome]

When I was a 7-year-old, my teacher would give me a “star sticker” whenever I put in the effort to do my homework, regardless of whether the answer is right or wrong.

In other words, she rewards effort, not the outcome.

If you think about it, this approach is highly suitable for trading.

You should reward yourself whenever you follow your trading plan regardless of whether the trade is a winning or a loser.

So here’s how the star system works…

—Every time you follow your plan, you get 1 star
—Every time you didn’t follow your plan, you get -2 stars
—The goal of the star system is to accumulate 100 stars

As you can see, the focus isn’t to make profits.

Rather, it’s to accumulate as many stars as possible by being consistent with your actions.

Remember, a consistent set of actions lead to a consistent set of results.






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Quit trying to trade every level on your chart.

Instead, pick a spot to trade where you’ll lose small when wrong—and the market can reward you when right.

The result?

Less trading, less commissions, less mistakes, and a fatter bottom line.


"Learning to accept the risk is a trading skill - the most important skill you can learn."

- #MarkDouglas


"You become what you give your attention to." — Epictetus #stoics


It takes time to learn the proper thinking and behaviors that breed success in trading.

Just be patient with yourself. #patience


It takes years to build trust but only a few minutes to break it.

Think twice before fucking it up.

#manson


Stop wasting your time on these 6 things:

1. Worrying about other people’s opinions
2. Judging other people
3. Putting things off to the future
4. Holding onto the past
5. Arguing with reality
6. Thinking you are going to live forever

#stoics


You don’t need:

• Keto
• Paleo
• Carnivore
• Intermittent fasting

You need:

• More protein
• Less calories
• More sleep
• Less stress


#health


Traders must focus on today’s chart not yesterday’s losses. #sb


Trading plan sequence to follow:

1. Entry Signal
2. Set profit target
3. Quantify technical price action risk
4. Set stop loss
5. Determine risk/reward ratio
6. Set position size
7. Set trailing stop
8. Respect the first exit signal win or lose

#sb


Never doubt all your trading skills after a loss.

1 trade means nothing.

No self-doubt.

No fear of trading.

Keep trading your system.

20 ta oxirgi post ko‘rsatilgan.