MoneyTradeEdge | Better Thinking Better Trading(@MoneyTradeEdge) 's Twitter Profileg
MoneyTradeEdge | Better Thinking Better Trading

@MoneyTradeEdge

Helping you to trade effectively, without getting lost in your emotions. Discussing trading from the psychological aspect to the pure technical concepts.

ID:1278575788900712448

linkhttp://linktr.ee/moneytradeedge calendar_today02-07-2020 06:26:47

15,5K Tweets

277,6K Followers

99 Following

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90% of traders will always lose:

They have an edge, but they don't execute it.

They have a plan, but they break rules.

They have a goal, but they give up at the first failure.

Lazy traders are not successful traders.

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99% of traders want better trading skills.

Only a few can do it:

Patience = Meditation

Execution = Live trading

Confidence = Backtesting

Discipline = Following plans

Experience = Overcoming failures

Consistency = Discipline + Confidence + Execution

You can do it.

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Stop listening to your emotions.

Stop listening to other people's opinions.

Stop copying other people's trades.

Start ignoring the noise.

Just look at your charts.

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Study your charts.

Study your system.

Study your emotions.

Trade your system.

Never forget that 95% of information is in your trading charts.

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Trading systems are not enough.

Risk management is always the most underrated trading skill.

Emotion control is the ability to control your skills.

Trading systems are useless if you can't execute them.

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MoneyTradeEdge | Better Thinking Better Trading(@MoneyTradeEdge) 's Twitter Profile Photo

Study your charts.

Study your system.

Study your emotions.

Trade your system.

Never forget that 95% of information is in your trading charts.

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99% of traders after 1 trade:

- Excitement after a win
- Depression after a loss

99% of traders after 1000+ trades:

- Nothing after a win
- Nothing after a loss

Trading shapes your emotions.

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Successful traders are disciplined traders.

A common mistake is breaking your rules for a quick profit or because you think you can't lose.

Indiscipline kills traders careers.

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If you're not a successful trader yet, focus on:

1 system.

Fixed rules.

Fixed risk per trade.

365 days of practice.

Trade. Trade. Trade.

Build discipline.

Build confidence.

Your trading will never be the same.

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Stop being a slave of your emotions.

Plan.

Trade.

Repeat.

If you win, stay calm.

If you lose, stay calm.

100% ready on the next trading opportunity.

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