Trader, This Is A Very Big Week For All Of Us
Trader, This Is A Very Big Week For All Of Us
Please Read This Message
Dear Traders,
The past 2 years have been a roller coaster for us traders in the market.
It is now the end of the year.
I understand everyone has a different level of experience when it comes to trading.
I understand that some of you lost a lot of money this year trading. I understand that some of you made money but, gave a lot of it back this year.
These past 2 years have been a fast track to learning how to navigate markets. You have seen QE and QT at a very rapid level. You have seen an election as well and many pump and dump schemes with BBBY 0.00%↑ GME 0.00%↑ AMC 0.00%↑ and Crypto Assets.
YOU HAVE SEEN A LOT!
This week is a BIG WEEK for all of us.
I advise everyone to stop focusing on trading this week and to not look at the screens at all so you can have an honest conversation with yourself with no emotions.
It is now time to sit down and be your hardest critic. Reflect on what you did well. Write it down.
Reflect and what you did not do well. Write it down.
Reflect on what you learned. Write it down.
Reflect on what edge worked best for you. Write it down.
Reflect on everything and do not hold anything back!
It is now time for you to walk into 2023 with new founded principles for trading.
You can pay to learn courses, you can pay for books but, your biggest experience comes from hands on experience and your biggest lessons comes from that experience.
New Year, New Year-to-Date PNL
When a new year starts ALL of our PNL reflect $0. It is breakeven!
As for me, I like to have green PNL on the year.
What I do, is I start of the year VERY STRICT and VERY DISCPLINED and only trade the cream of the crop set ups!!
Why?
Because I like to build a little cushion. Once I have a green PNL, I can then start to bet a little more aggressive because I am betting profits and not principle! This is something I have learned from George Soros and have stuck to this mentality forever! that is, betting profits and not principle!
To all of our paid readers, we strive to deliver quality content with every report. We understand that opinions can potentially shape the way someone sees the market and that is why we are so strict in the content we deliver.
We want to maintain the same level of integrity going into 2023! The last few months have been difficult to cover the market from a fundamental analysis perspective and the volatility has been intense.
We do see a very high conviction set up setting up for the start of the year and we hope those cards continue to play in our favor so we can attack come 2023!