How To Change Your Trading In Just 6 Months

 How To Change Your Trading In Just 6 Months


:


1. Create the strategy


4 hours per day:


- 2 hours of studying price action

- 1 hour of backtesting your system

- 1 hour of improving your edge


Be consistent.


Practicing 1 hour per day is much better than practicing 5 hours once a week.

2. Cut the crap


- Remove useless indicators, lines and everything that confuse your mind

- Focus only on 1 system and/or 1-2 setups


Becoming a master of 1 setup is 10x better than being an average trader of 10 setups.

3. Risk management as #1 priority


- #1 goal is to survive. If you can survive you can gain skills and experience

- Plan your risk per trade, WR and RRR


A trader with an average system but great risk management will destroy a trader with the best system but no risk management.


4. Be a trading sniper, not a machine gunner


- New traders fail because they think more trades = more gain

- Spot most liquid areas, don't fight against the trend, avoid choppy price


Let other traders be the the infantry on the field, be a killer on the sideline.

5. Plan your growth


- Money, skills and experience compound themselves exponentially

- Journal trades, print and copy successful trades, learn from your mistakes

- Don't be the same trader you were yesterday


Break your limits.

6. Trading is more than trading


- Discipline, confidence, patience in trading bring discipline, confidence and patience in life

- The opposite is true

- Run/lift, read, meditate every day to improve your trading skills


Shape your trading shape your life.

7. Become the best version of yourself


- 4 hours per day per 180 days

- Edge is your sword, risk management is your shield

- To be the 10%, do what the 90% won't do


Your mindset is your most important trading asset.

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