Ren Bickert (@notabadtrader) 's Twitter Profile
Ren Bickert

@notabadtrader

I spent 10 years trying to master trading only to realize I needed to master myself. Focused on the psychology of day trading. Not financial advice.

ID: 1557568731819249665

calendar_today11-08-2022 03:25:17

1,1K Tweet

165 Followers

169 Following

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1️⃣ "If I just take more trades, I'll make more money." This thought has destroyed more trading careers than any other. More trades = more losses for most traders. Here's the psychology of the overtrading trap... 🧵

1️⃣
"If I just take more trades, I'll make more money."

This thought has destroyed more trading careers than any other.

More trades = more losses for most traders.

Here's the psychology of the overtrading trap... 🧵
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Trading Myth: "Successful day traders are constantly active in the market" Reality: Successful day traders spend most of their time waiting for high-probability setups. Why this matters: Activity creates the illusion of productivity. Selectivity creates actual profits. 📊

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The market doesn't reward you for participation. It rewards you for precision. One perfect trade beats ten mediocre trades every single time. 🧠

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Your worst enemy in trading isn't the market. It's the voice in your head saying "just this once." That voice has never made anyone profitable. 📊

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Thursday reflection: What's the difference between you at your BEST as a trader vs. you at your WORST? (Understanding this gap is where growth happens.) Share your honest answer 👇

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Stanley Druckenmiller: "The way to build long-term returns is through preservation of capital and home runs." Not singles. Not doubles. Home runs. This requires massive patience and perfect timing. Most traders trade too often to ever hit home runs. 🎯

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Week's over. Before you look at your P&L, ask yourself: "Did I trade with discipline this week, or did I trade with emotions?" One leads to long-term wealth. The other leads to repeated disappointment. 🧠