Hello everyone! Today i want to share some investing wisdom with you!1.Trading = Self-Awareness on Display $Cboe Volatility Index(VIX)$ 🧠 “I never argue with the tape.”Livermore’s evolution:From reacting to reflectingFrom tips to convictionFrom trading the market to studying himselfElite traders ask:Am I trading from fear?Am I following my rules?Am I acting or overreacting?Biggest lesson:👉 You don’t need more indicators.👉 You need more self-control.2.🔻 Livermore: “When I’m wrong, I stop myself right away.”What amateurs do:Hold and hopeWait for breakevenTurn trades into investmentsWhat pros do:✅ Respect the stop✅ Exit when the thesis fails✅ Re-enter later if neededCore truth:👉 Small losses are tuition.👉 Big losses are career-ending.For whom haven't
Trading Psychology
Trading psychology refers to the emotions and mental state that help to dictate success or failure in trading. How do you build a trading psychology? Share with others here>>
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