3 Essential Trading Concepts

[⭐ analyst75]

Online battle

You don't have to fight every misinformation online battle.

 

I.

 

You can’t force returns to appear.

 

But you can control what you do next.

 

Backtest. Journal. Place the trade.

 

That’s where your power lives.

 

II.

 

Let the idiots be wrong.

 

You don’t have to school every loudmouth in the trading forum or fight every misinformation battle online.

 

Your time is your edge.

 

Spend it wisely.

 

III.

 

Know the rules of the game you're in.

 

Trading, like entrepreneurship, often rewards breakthroughs. One terrific trade can make your month.

 

But risk management is like your reputation - one disaster, and you're done.

 

 

Some areas reward your best day. Others punish your worst.

 

 

Trade with that in mind.” – By Louise Bedford

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