Bit of a different video today showcasing this rough day I had and what I learned from it. Hope this one helps you guys out especially if you were caught on the wrong side of a move!
I appreciate the transparency that you give unlike most traders on the internet who only show their biggest wins and it helps young traders understand that a loss is just part of trading
Yes correct new traders are always looking for 100% win rates and when they hit their loosing days they give up... without learning what went wrong new traders will never succeed. Im 17 and I know that making mistakes is apart of learning and never should be seen as apart of failing. This is why I will NEVER give up on Trading and instead just improve on my consistency until i am ready to start a Live Account. (no rush)
"Rough days happen all you can do is learn from it and accept the loss and try again the next following week" This is what ive learned from Trading and when i loose i dont get sad/angry because i know i am following my strategy correctly These are seen as good losses which happen to even the best of all traders. Love your videos
Really great and transparent content!! Not sure if you do this sometimes but what about selling some puts against some of your open positions as a partial hedge. Depending on the chosen strikes you may win on both also. All the best to you!!
Bit of a different video today showcasing this rough day I had and what I learned from it. Hope this one helps you guys out especially if you were caught on the wrong side of a move!
I appreciate the transparency that you give unlike most traders on the internet who only show their biggest wins and it helps young traders understand that a loss is just part of trading
Exactly, thank you!
Yes correct new traders are always looking for 100% win rates and when they hit their loosing days they give up... without learning what went wrong new traders will never succeed. Im 17 and I know that making mistakes is apart of learning and never should be seen as apart of failing. This is why I will NEVER give up on Trading and instead just improve on my consistency until i am ready to start a Live Account. (no rush)
It’s all about risk management man ,if it’s not there, don’t force it,
100%
Appreciate the look back analysis here. Thorough and informative. Thank you
You are making a better trading plan for yourself. Improving strategy can sometimes be costly. Ouch.
"Rough days happen all you can do is learn from it and accept the loss and try again the next following week" This is what ive learned from Trading and when i loose i dont get sad/angry because i know i am following my strategy correctly These are seen as good losses which happen to even the best of all traders. Love your videos
Really great and transparent content!! Not sure if you do this sometimes but what about selling some puts against some of your open positions as a partial hedge. Depending on the chosen strikes you may win on both also. All the best to you!!
Not my best day either brother, but next week is a new and will be better with the mentorship group and software strats 💪💯