Focus on the 80/20 rule:
Trading is:
80% Preparation
20% Execution
2/38
You will gain more confidence from following your plan than anything.
3/38
Fear of losing money is actually what causes you to lose it.
4/38
A real trader knows their trading plan is always right.
Win or lose a trade if you followed the plan you won that day!
5/38
Have realistic expectations
Trading is a get-rich-slow scheme.
6/38
Don't be scared to fail or make mistakes.
This is where the real growth happens.
7/38
Own your failures and mistakes.
This is the ultimate trading hack!
8/38
If you cut your risk in 1/2 = You cut your emotions in 1/2
9/38
The best traders have internal confidence.
They trust themselves, their plan and ignore the noise of others.
10/38
More pressure to make money = More chance of losing it
11/38
One undisciplined moment
One impulsive reaction
One moment of madness
Can ruin weeks, months, and years of hard work.
12/38
Trust yourself and don't rely on others.
You will be mind-blown by how fast you progress
13/38
90% of traders emotional problems can be solved by correct position sizing.
14/38
No matter how confident you are in the trade.
The outcome in the short-term is completely random.
15/38
Think long-term, not short-term gratification.
And your trading will 10x
16/38
Sometimes the best trade is the one you don't take.
17/38
All great traders started as bad traders.
You can't be great without first being bad at it!
18/38
Be humble.
Losses follow wins.
Wins follow losses.
Stay balanced. Don't stay arrogant.
19/38
If you can't learn to lose.
Success will always evade you.
20/38
You only need to be good at one thing in trading to make a lot of money.
Be a master of one not a master of none.
21/38
Marry your process.
Divorce your ego.
22/38
Trading is simple:
Plan the trade, trade the plan
Don't overcomplicate it!
23/38
Have a strong pre-trading routine.
This is where 80% of the results come from.
24/38
Optimize your sleep:
Remember your going against some of the most elite traders.
You need to be on your A-game every day and it starts with sleep.
25/38
The holy grail is YOU not the strategy.
26/38
Being able to say 'No' to a trade without hesitation is a sign of a great trader.
27/38
Fall in love with the process.
When you do your trading will skyrocket!
28/38
Discipline beats talent and intelligence.
Focus 110% on improving it!
29/38
Always focus on quality over quantity.
One A setup is better than 5 sub-par C setups.
30/38
Focus on taking the best trades.
Everything will fall into place if you do.
31/38
Know when to rest, recharge and refocus.
Your trading will thank you!
32/38
Always be the student.
Once you think you know it all, you lose your edge.
33/38
Focus on what you can control: your risk and reactions.
Forget about what you can't.
34/38
Once you place a trade the outcome is now out of your control.
If you are:
- Hesitating
- Hoping
- Wishing
Then you have not accepted the outcome.
35/38
Trading is a school you never graduate from.
You will always need to be sharpening your skills.
36/38
If you want to be great, study the greats!
Success leaves clues.
37/38
Don't trust your emotions.
Trust your plan.
38/38
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