INVESTER MINER🇺🇸📊

2023-04-16 23:59:19 However don’t be fooled by this Trading law.

Here’s a process that most traders go through;

1 Learn a new trading strategy to trade the markets

2 When the trading strategy stops working, try something new

3 When something “new” stops working, try something else

4 Rinse repeat over again

Now, what’s wrong with it?
Well, if you abandon your trading strategy after a few losses, then it’s like saying a coin is fake when it comes up 5 heads in a row. That’s silly, right?
You know that in the short-run, a coin could come up heads (or tails) multiple times in a row but if you toss the coin 1,000 times, then you’re likely to get closer to 50% heads and 50% tails.

Now this concept is the same as trading, In the short-run, your trading results are random. But in the long-run, it’ll align towards your system’s expectancy. So, don’t abandon your trading strategy after a few losses.
Instead, give your trading strategy time to play out its edge (at least 100 trades or more) before concluding whether it works, or not.
Or else, you’re just getting fooled by the law of large numbers—you’ve been warned. Open / Comment

2023-04-16 23:58:57 The one thing you must have if you want to be a winning Trader:

• It’s not technical analysis
• It’s not price action trading
• It’s not trading psychology

Your trading strategy must have an edge in the markets. You’re probably wondering:
“What does this mean?”

Here’s an example:
Let’s say I make a coin-toss bet with you.
• Every time the coin comes up heads, you win $2.
• Every time the coin comes up tails, I lose $1.
In the long-run, who will win?
You, of course!
Why? Because you have an edge over me and this is the same for trading!
You must have an edge in the markets because without it, nothing else matters.

“But how do I find an edge in the markets?” The easiest way is to leverage the work of other traders, so you don’t have to reinvent the wheel.


So, go and read trading books that contain trading systems with backtested results. Then, take the concepts of these trading systems and validate it on your own so you know whether it works, or not. Open / Comment

2023-04-16 23:58:52 How To Be The Top 5% Of Traders When Almost Everyone Fails:

A mistake that most traders make is this If you want to be a profitable trader, then you must find a high winning rate trading strategy. So you learn everything about trading, including chart patterns, price action, Fibonacci ratios, RSI, MACD, etc. because the more you learn, the better you become! Well, that usually backfires because the more you learn, the more you’ll doubt yourself due to conflicting information.

Agree?
So now the question is…
How do you be the top 5% of traders when almost everyone fails? Open / Comment

2023-04-16 23:58:52 CLASS BEGINS IN 2 MINS

UNMUTE AND TURN ON NOTIFICATIONS SO YOU DON’T MISS THIS LECTURE Open / Comment

2023-04-16 19:06:50 Take control and stay in control.

Successful trading requires logic over emotions.

Before you execute, always ask WHY you’re taking a BUY/SELL. If the reasons for a BUY is greater than a SELL, then you are at an advantage if you go long.

Keep calm and trade wisely. Open / Comment

2023-04-15 12:05:28 Open / Comment

2023-04-15 12:04:55 Open / Comment

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2023-04-08 21:43:28 Open / Comment

2023-04-07 22:57:16 Open / Comment