Here are my top four observations based on internal analysis and correlations with my results, which I hope will be helpful to you as well:
1. Prioritize your health, both physically and mentally. This is non-negotiable. You are competing among some of the most brilliant and powerful traders and investors in the market. Daily critical thinking and clear, decisive decision-making are essential. If you're having a bad day, it's wise to step away from trading or investing. Use that time for other activities, like fishing, walking, going to the gym, or preparing your plans.
2. Trust your instincts but remain analytical to filter out market noise. Risk management should be your top priority. Staying engaged in the market is crucial, and understanding appropriate position sizing is essential.
3. Adhere strictly to your trading plan. Following your strategy step by step and maintaining discipline daily can protect you from making poor decisions at the wrong time. Avoid getting sidetracked by news and rumors.
4. Patience is often underrated but will always be rewarded. Consider your investment and trading horizons, looking months or even years ahead.
Remember, patience is a crucial quality in trading and investing.
I hope these insights help someone; it's my way of giving back to my followers who constantly inspire me.
#SaylorBTCPurchase is a ponzi in the making, stay strong and sharp!
