Conclusion: If you want to be in the top 5% of traders, then you must do things differently from the 95% of traders. Here’s what you must do: • Trade with a strategy that gives you an edge in the markets • Understand the law of large numbers and that your trading results are random in the short-run • Embrace the DERR method to improve your trading results • Don’t follow news, opinions, or analysis—those are noise and it’s best to ignore them • You’re always a student of the markets, keep your fire burning and never stop learning • Have realistic expectations, you’re not going to get rich after taking a weekend trading course • Have multiple sources of income so it’s easier on your trading psychology and you can quickly scale up your trading account 11 views21:01
