The Rational Trader (@rational_trade) 's Twitter Profile
The Rational Trader

@rational_trade

Brain washing you to become a profitable trader

ID: 1585552184867188736

calendar_today27-10-2022 08:41:27

9,9K Tweet

2,2K Followers

71 Following

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I'm not a trader, but I've noticed that the best traders: - Don't care about being right - Don't care about being wrong - Trust their process - Are disciplined The worst traders: - Add to losing trades - Cut winners short - Have no plan - Emotionally react to the market

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If you're not going to make this tweet go viral, I will. I'm a man of my word. How many trades do you have to lose in a row to start doubting your whole strategy?

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Trading is like going 100mph on the freeway with a blindfold on. You're scared, but you can't take it off. That's why you need to train your mind.

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The market will test your patience. The market will test your discipline. The market will test your emotions. But remember, the market will also reward you if you stick to your rules and trust the process.

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I'm a full-time trader for more than 6 years and here are my top 3 tips that will help you become profitable: 1. Don't overtrade 2. Cut your losses short 3. Let your winners run Add one of these tips to your trading routine and then let me know how it goes!

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If you're a trader, you're a professional decision-maker. And as a professional decision-maker, your job is to be an emotionless robot.

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The more you try to force a trade, the less likely it is to work out. You only make money in trading when you have a good reason to enter a trade and you follow your plan.

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The most important skill for a trader is not knowing when to enter. It’s knowing when to shut up and stay out of the market. Agree?

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You don't need to follow 100 different strategies. You don't need to be a genius. You just need to be disciplined and consistent. That's it.

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If you can't explain your strategy to a 5-year-old, you don't understand it. If you can't explain your trading plan to a 5-year-old, it's too complicated. Simplicity is the ultimate sophistication.