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Quality > Quantity
In the realm of trading, I firmly believe that it’s more beneficial to patiently wait for high-quality setups rather than taking multiple low-quality setups. As traders, we must understand that our earnings are not determined by the number of trades we make, how hard we work, or the length of time we spend analyzing the…
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How to set Trading Goals?
I know it seems a bit late to be discussing goals at this time of the year. However, I believe that setting and reviewing your monthly trading goals is a great way to stay on track to a becoming a consistently profitable trader. Process vs Outcome When it comes to setting goals, there are two…
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“Keep It Simple, Stupid”
“Keep It Simple, Stupid”. It is one of my favorite phrases when it comes to trading and life in general. So many trading gurus online teach us that we need to have 50 indicators, RSI, SMA crossovers, fair value gap, induction, liquidity, trend lines, etc… to be profitable. Now, that is not to say that…
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The Simple Reality of Trading
What comes to mind for most people when they hear about trading? Or what initially drew you towards it? Perhaps it was the allure of easy money or trading from the beach anywhere in the world. Regardless of what it might have been, I can assure you that the reality is likely very very different….