Here are my top 4 observations, just from internal analysis and correlations with my results, which I hope will help you too:
1. You have to take care of your health, physically and mentally. No negotiations here. You are playing among the most brilliant and powerful traders and investors in the market. You must be sharp thinking daily and crystal clear in harsh decisions. Staying away from trading or investing in a bad-blue day is a good decision. It is a day for fishing and a day for drying nets.
2. Trust your gut, but use your brain to be detached from market noise. Risk management before anything else. Staying alive is a priority in markets. Position sizing matters - no doubt here.
3. Following your plan strictly, being led step by step by your strategy, and being disciplined day by day can protect you from wrong moves at the wrong times. Do not get distracted by the news and rumors.
4. Patience will be always rewarded: think about your investment and trading horizon looking for months or even years ahead.
Patience is a huge under-rated trading and investing quality.
I hope those will help someone, it is a gift for my followers that happily overwhelm me.
