Category: Trading Tips

7 Trading Psychology lessons from Michael Steinhardt

I’m a trader with 10+ years of experience. When I started, I wasted time focusing only on trading strategies and ignoring my psychology. Learn from my mistakes. Here are 7 trading psychology lessons from Michael Steinhardt I wish I knew when I began: 1/ The Emotional Tightrope Mastering emotions is the key to trading success – Recognize and manage fear and…
Read more

Mastering Your Trading Mindset Like Larry Hite

Are you tired of your emotions sabotaging your trades? Larry Hite, the man who turned $2,000 into $100 million, has the answer. Here’s how to develop a millionaire trader’s mindset in your spare time:🧵  Embracing the chaos of markets Uncertainty is the only constant in trading – Accept unpredictability as normal– Focus on your process, not profits– Stay calm in…
Read more

5 lessons from Dalio on crafting a winning trading strategy

Ray Dalio turned $3000 into a $160 billion hedge fund.  His firm outperformed 99% of all other funds. Here are 5 timeless lessons from Dalio on crafting a winning trading strategy, as a part-time trader: 1/ The Economic Chessboard Mastering market moves requires deep economic insight – Study how inflation impacts markets– Track global events religiously– Question your economic…
Read more

How to Overcome Emotional Trading

The cost of trading frustration is missed opportunities. Here is how to get over emotional trading (and not blow up your trading account): 1/ Embrace the suck Frustration is part of the game. Accept it, don’t fight it – Notice when you’re getting worked up– Take a deep breath, count to ten– Say “This too shall pass” out loud Reminder:…
Read more

Why trading is perfect for busy professionals

One of my goals in life was to:  Escape the 9-5 grind.  But after years of chasing job security, 1 path has BLOWN all others out of the water. Here’s why trading is perfect for busy professionals who want true financial freedom:  1/ The illusion of the steady paycheck Trading shatters the myth of employment stability – Markets…
Read more

Building a Sustainable Trading Career: A 6-Step Blueprint

If you can dedicate 30 minutes a day… You can build a sustainable trading career in 12 months. …without quitting your day job or risking your life savings. Follow this 6-step blueprint: 1/ The boring path to millions Slow and steady often wins the race – Start small, grow gradually– Focus on consistent, repeatable processes– Prioritize capital preservation over quick gains Embrace…
Read more