💎 *10 TIPS FOR YOUR EVOLUTION* 💎
*1 - "ANY PROFIT IS BETTER THAN ANY LOSS"* 💰💰💰
If you're at 0x0 real profit, it's better than 1000 reais loss.
It is what it is!!! 💰
*2 - "0x0 IS PROFIT"*🥇
If you came from a day where you had a 500 reais loss, went to 1000 profit, and returned to loss; the setup doesn't work, unstable platform, etc. and everything goes wrong; if you went from loss to 0x0 real, then STOP 🛑 trading!!!
0x0 IS PROFIT ✋
***Don't trade...
...is also trading***
*3 - "GREED IS YOUR NUMBER 1 ENEMY"*
💸💸💸💸💸💸💸
If you have 1000 and you're making 100, when you could make 500, raise your stop gain to at least a small gain. GOOD PROFIT IS MONEY IN YOUR POCKET (see rule number 1). Notice that
"GREED ALWAYS SCREWS YOU!" You can only use greed with your acquired fat; never with money from your capital. If you don't have fat... don't be greedy. Raising the stop gain is exactly using the fat, i.e., ZERO risk to the capital.
*4 - "LOOK AT YOUR PROFIT THROUGH PERCENTAGE AND NEVER THROUGH FINANCIAL INTERMEDIARIES"*🖇
If 1000 became 1010: "I only made 10 reais". That's a lie!!! You made 1% in one day. So, that's a high and great profit you made. It's like making a month’s profit in one day. SO... "10 REAIS" IS A LOT OF PROFIT.🔝
*5 -"SET GOALS"* 🎯
You hit your daily target... get out!
If you want to continue, use at most 20% of the ACQUIRED FAT until a second target... After the stipulated gain or loss, you must STOP 🛑✋ trading
*6 - "DON'T TRADE OR TRADE MUCH LESS ON SPECIAL DAYS OR OCCASIONS"* 🎻🎻🎻🎻
Shaken mental state? DON'T TRADE!!!
Had a fight with your wife or husband? DON'T TRADE!!!
Was your car stolen? DON'T TRADE!!!
Any serious problem to solve? DON'T TRADE!!!
Payroll or FOMC? DON'T TRADE or trade much less!!!
Presidents' speeches? DON'T TRADE!!!
In short, DON'T TRADE news or specific moments, like tragedies or political situations to be resolved.
*7 - 🔮NEVER BE SURE OF ANYTHING IN VARIABLE INCOME"*
The setup gave a strong entry and I'm going to bet everything on it = IRON.
Don't get attached to the trade... be careful with Bias
Manage your risk.
*8 - "TO GET GOOD, YOU HAVE TO TRADE"* 🧠
Wow... I got rich in the broker's Demo account!!! Now, I'm going to sell my car and start trading in the stock market.
Trade real, because in a real account you feel the psychological effect. Demo is like playing Monopoly: you will get rich or poor in the game.
Another question... if you're afraid to trade in real... then trade with a small amount. However, a small amount doesn't make money! But that's okay, after all, you're learning!
Note: Demo account for
TRAINING is great. But train as if you were in the Real account, don’t sabotage yourself!
*9 - "ALWAYS USE STOP"*☠
If you don't set a stop, you can't control your loss and you won't have enough mental strength to stop manually! Set a stop, even if it's expensive or wide, but set it... never leave without a stop!!!
Stop loss is your airbag and not your enemy!!!
Also, set the stop gain so you can raise it and risk only the profit you've already earned and not your capital.
Want to kill someone out of anger? It's being in profit and giving it all back because you didn't set a stop gain.
*10 - MANAGE YOUR LOSS*📉
This is one of the main pieces of advice. Don't give back what you earned. If you've had several days of profits, see the example: 100 reais per day, for 7 days = 700 reais and lost 1000 reais in one day???
The secret of consistency is knowing how to lose.
For the given example, you can't lose more than 200 reais😱
Following the management is already consistency.
Knowing how to lose is recognizing that you were wrong, as the market is there every day. If you can do this, you'll achieve consistency in the stock market😃
If necessary, create external locks to stop you... whether it's a lock on the broker, on the bank account, on the broker, etc.... a bad day doesn't define you; if you don't go overboard, the next day you'll have excellent opportunities and you'll see the difference!
DONE: IF YOU CAN FOLLOW 70% OF WHAT'S WRITTEN HERE, YOU WILL LOSE LESS AND BECOME POSITIVE 🤩