Day/Swing Trader || I Talk about Chart and Life Experiences.
Nigeria
Joined March 2019
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You can be right about the direction.
Wrong about the entry.
And still lose money.
That's why execution matters.
Sometimes your biggest trading problem isn't the market.
It's the person sitting in front of the chart.
Stand for what you believe in,
Many will try to make you believe in what they believe in,
But that doesn't mean what they believe in will be in your favour.
Your micro choices are the person you become.
So watch your small daily choices because they shape the major part of your present and future self.
Fear makes you close trades too early.
Greed makes you hold them too long.
Discipline helps you find the balance.
The market will test your patience.
Your emotions will test your discipline.
Your results will reflect how you handle both.
You can control your entry.
You can control your risk.
But you can't control where the market goes next.
Learn the difference.
When you have an idea of the exact thing you are looking for in the market you will kill the need to always participate in every move.
Opportunities is everywhere in the chart,
But then it's not all market movement that has opportunities for you or that you should partake in,
The sooner you get this the higher your chances of filtering out the low opportunities and focusing on the best ones.
Happy New Month.
Trading is like boxing. 🥊
You don't need to win every round.
You just need to avoid getting knocked out.
Avoid getting knocked out this week.
With a good strategy you will know when to trade,
But with trading plan you will know when to trade, when not to trade, when to exit a trade and what to risk on each trade combine both the strategy and the plan to get great results.
Once you can stay calm under pressure, control your emotions, follow lay down plans and open to getting better daily then you are closer to profitability.
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