Two Traders, Two Mindsets: The Cycle That Separates Winners From Losers
I’m sharing a tale of two traders on the weekly chart for the last two years.
The goal and understanding here is that trading is just a mindset. On the first chart, each circle represents where an influx of traders either start their trading journey, took a break and started again, and join trading discords, streams, taking classes etc. on the right side, traders quit trading, take a break, quit discords, streams, classes etc.
Our mindset is to start things when it’s euphoria and positive, and quit things when it’s down, depressing and hopeless. I’ve backtested this not just with superluckeee but with many others.
But there is a way to break your cycle. On the highs, sell. Go cash. Don’t have fomo if it keeps going without you. Study. Work on you strategy. Maybe day trade here and there very small. But focus on growing.
Next. Wait for these types of crashes to happen. You are in cash. While normally you want to give up and see others doing so, you begin to build. Average into shares. Slowly consider leaps.
It just takes 1 good cycle of doing this and you may be on the better side of things going forward.
Think outside the box. Make some changes and see if it’s better for you. But never give up. Love yall. Want everyone to make this work
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