MoneTradeEdge_'s profile picture. Helping you to trade effectively, without getting lost in your emotions. Discussing trading from the psychological aspect to the pure technical concepts.

MoneyTradeEdge | Better Thinking Better Trading

@MoneTradeEdge_

Helping you to trade effectively, without getting lost in your emotions. Discussing trading from the psychological aspect to the pure technical concepts.

Joined March 2015
Pinned

Trading is the most rewarding business in the world. But 99% of traders don't know how to win. 7 steps to become a trading sniper:


Every successful trader felt lonely. Every successful trader had bad moments. Every successful trader thought of giving up. They just didn't.


Patience is the most difficult trading skill to develop. That's why most traders give up within 12 months.


MoneyTradeEdge | Better Thinking Better Trading Reposted

What most people think: Trading = Gambling Reality: Trading = Edges + calculated risks + emotional fights + consistency + countless hours of practice


MoneyTradeEdge | Better Thinking Better Trading Reposted

How to improve your trading in 1 day: - Clean your charts - Focus only on 1 setup - Record your past trades - Decrease your risk per trade Never stop improving.


MoneyTradeEdge | Better Thinking Better Trading Reposted

Trading is hard, but it's simple: - 1 trading system - Risk management - Self-discipline + Execution Forget everything else You will thank yourself in 6-12 months.


MoneyTradeEdge | Better Thinking Better Trading Reposted

Most traders lose because: - 90 think trading is an IQ game - 10% know trading is a psychology game Trading is a psychological war against your emotions.


MoneyTradeEdge | Better Thinking Better Trading Reposted

Stop being addicted to double your account in 1 month. Start being addicted to follow your system, rules and risk plan.


MoneyTradeEdge | Better Thinking Better Trading Reposted

What's your favourite trading time frame?


MoneyTradeEdge | Better Thinking Better Trading Reposted

Most traders want a 100% Win Rate. - 1:2 RRR has a 33% breakeven WR - 1:3 RRR has a 25% breakeven WR - 1:4 RRR has a 20% breakeven WR Stop focusing on money, start focusing on risk.


MoneyTradeEdge | Better Thinking Better Trading Reposted

If you do it right, trading is the most rewarding business in the world. But most traders don't know how to win consistently for 3+ years. 7 hacks to improve 10x your trading:


MoneyTradeEdge | Better Thinking Better Trading Reposted

7. Shape your mindset - 90% waiting, 10% execution - Plans, systems, rules are your trading weapons - Mistakes, journal, lessons are the fuel to improve your weapons - Thinking in probabilities is the hack to control emotions Your mindset is your most important trading asset.


MoneyTradeEdge | Better Thinking Better Trading Reposted

If you enjoyed this thread, please: 1. Subscribe to (@MoneyTradeEdge) newsletter (link in bio) 2. Retweet the 1st tweet to share this thread


MoneyTradeEdge | Better Thinking Better Trading Reposted

Trading: You can win for 300 days. You can 3x your account in 30 days. But still lose everything in 1 trade. Risk management will always save your ass.


MoneyTradeEdge | Better Thinking Better Trading Reposted

Trading is 100% a mental business. - Discipline will make you win - Confidence will make you win big - Consistency will make you win the game Your mindset is your best trading asset.


MoneyTradeEdge | Better Thinking Better Trading Reposted

Trading is better than school: - It teaches you how your mind works - It teaches you how people are driven by fear and greed - It teaches you how to manage your money Non-traders just don't know how much trading shapes your mind.


MoneyTradeEdge | Better Thinking Better Trading Reposted

You never go back to silly indicators once you understand price action is king.


MoneyTradeEdge | Better Thinking Better Trading Reposted

95% of traders lose... 1) They watch videos, they don't practice. 2) They want millions, they don't manage risk. 3) They give up at failure, they don't learn from it. To be in the 5% do what the 95% don't do.


MoneyTradeEdge | Better Thinking Better Trading Reposted

1000 trades. 60% win rate. 600 wins. 400 losses. Just stop worrying about 1 loss.


MoneyTradeEdge | Better Thinking Better Trading Reposted

If you want to be a successful trader, you should act like one: - Take only A+ setups - Take calculated risks - Never break your rules Become addicted to repetition.


United States Trends
Loading...

Something went wrong.


Something went wrong.