1. Business without an edge
Create the best trading weapon:
- Focus 100% on trading 1 setup - You don't need to catch every market move to win - Remember patience is the key
Be the best in the world in the Trading 1 system.
2. Get rich quick thinking
Change your mindset
- Strive for consistency, not perfection - Think long-term, not short-term - Take calculated risks, not stupid risks - Focus on one system, not 27
If you want to be the best 1%, stop thinking like the 99%
3. Overselling
- Overtrading is simply a higher risk because you have won before and you think that "nothing can stop; - If you win big until Thursday, but on Friday you lose everything, then you will not succeed and will not succeed
Manage your risks. Control your Take control of your success
4. Stop loss does not trade
- Most traders focus 100% on money, take big risks, break big accounts - Focus on trading risk, WR and RRR to improve your execution - Money is just a tool to get more money
Do business like a casino, not a gambler
5. Fear of missing out
Fear is the business killer if you can't:
- Know your system better - Plan your trades better - Review your trades more
Fear is just an illusion
5.Money and risk are in the mind
As a trader, it is important to avoid trading sizes that you are not prepared for If the losses you experience are painful, reduce the risk until you are comfortable with the idea of taking losses without blinking an eye Then, gradually increase the risk The risk is subjective For some traders, 20$ is a large risk For others, 2000$ is a small risk
6. Predict the future
- The best trader in the world can lose the next trade - The worst trader in the world can win the next trade - This is not about one trade, but about 1000 trades
Real business begins when you understand it and do not predict the future, but think about the probabilities
7. I don't believe in myself
Business is the most competitive business in the world. It includes self-doubt, pain, emotional struggle, early days, late nights, impatience, failures.
You will not succeed in 1 or 30 days.
If it was easy, everyone would be doing it