7 Steps To Become A Very Dangerous Trader

 






90% of traders can't trade 1 single setup.


7 steps to become a very dangerous trader:

1. Focus on 1 setup


- You don't need to catch every market movement, you just need to become great on 1 setup

- From now on, your setup = your edge


"I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times." - Bruce Lee


2. Save 3-4 examples of your edge


- Print some copies next to your PC

- Take notes with instructions and details

- You will need them to remind yourself the best execution



3. Trade


- Follow your edge

- Never break your rules

- Record at least 10-20 trades


Start. Build data. Gain experience .


4. Your trades vs your edge


- Compare every trade with your edge

- Take notes on mistakes and missed details

- Trading mistakes are the best teachers to become a better trader

5. Repeat trades


- Trade

- Win / Lose

- Learn from your mistakes

- Repeat


A trader who is addicted to repetition is a disciplined trader.

6. Build your strength 


- Practice and repetition build skills and consistency

- More and stronger skills = Better execution

- Better execution = More trading success


Trading success is 99% execution.

7. Become a dangerous trader


- Develop your edge

- Build your trading skills

- Become addicted to repetition


  



If you can overcome the trading learning curve, you can do anything.



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