Bookmark this, I kid you not!
After losing $50k over 3 years, I turned profitable—and wish I’d known this shortcut from day one: you can do it in 6 months with under $1k! It’s not about hidden skill or market mastery; even “smart” traders fail. Success lies in simple, consistent rules.
Rule 1: Limit to 1-4 Trades Daily
Overtrading invites emotion and revenge trades, eroding profits. Pros stop after 1-4 wins to protect mental capital and sharpen their edge. Fewer trades mean cleaner execution and bigger gains.
Rule 2: Set a Max Daily Loss
Tilting after a bad day can wipe out progress. Set a loss limit (e.g., $20 on a $100 account) to survive 5 red days and safeguard your psychology and capital.
Rule 3: Consistent Trade Sizing
Ditch “confidence-based” sizing—it’s a recipe for chaos. Uniform sizing makes your strategy repeatable and measurable, fueling steady growth, I kid you not!
Rule 4: Accept the Outcome
Some weeks soar, others sink. Focus on executing your edge, not forcing wins. Avoid post-loss revenge trades that undo your progress.
Ditch gambling habits, embrace this system, and watch your profits stack up steadily.