New Orleans, LA ⚜️
Joined December 2011
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youtu.be/nLyxWO4mH0c?is=tF61…
Check this video out. There’s an example of how you can plan to manage your risk so you won’t get clapped left and right. Offense is kool…but defense is necessary for staying in the game!
Start trading with a disciplined amount. Take some time to figure out “your numbers” and realize you can’t do what the trader next to you might be doing.
You find your way a lot quicker when you find what works for you.
If you didn’t make money today, don’t let FOMO or no type of negative thoughts in. It’s kool if you sat on cash and didn’t trade. It’s all good if you was even on the wrong side…let it be a lesson.
When you got a long term plan you don’t sweat one move especially when you know they always come back around.
Ngl this shyt feel good. Had a good run this year. Put some systems in place to free my time up and speed the work pace up. This shyt really feel like I’m on cruise control. It ain’t even work no more.
I talk like I never lose cause I never lose.
I ain’t say I don’t give money back to the market from losses…I said I don’t lose.
My biggest negative positions are starters 9x’s out of 10 and I ALWAYS add to my winners. Plus I been around long enough to recognize when it’s my time to sit on cash and wait for more confirmation when I ain’t sure.
I never lose…the money I give back every now and then is just market tuition. Small retracements in the equity curve that’s all.
One thing I prefer to do with my mentees is probe them instead of having a static curriculum in place that they conform to. The customization is better for them in the long run.
Remember…not everybody learns the same.
“YoU caN’t PreDiCt pRiCe”
$DAL
