1. One of your most pressing things is to give up your belief in certainty and practice becoming a probabilistic thinker.

2. If you only think of money, you won't be able to make money. It sounds backward, but that's how the world works.


3. We learn from mistakes better than from successes.
A painful and dull loss over time resulting from a mistake will be in your mind, more than anything else.

4. "doesn’t correlate with IQ once you’re above the level of 25. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble investing" - Warren Buffett

5. Usually, a particular situation triggers an emotional button in your head.
Always be calm, careful, and determined.
Planning is the top priority


6. Success comes from assessing the available information to enter a position that is most beneficial, and regularly repeating it.
But how good trade can look, it can't be won.
There will always be some degree of uncertainty that exists.

7. Before the market opens, take a few seconds to close your eyes and visualize all the bad scenarios - the market goes against you, a painful loss, etc.
And when you open your eyes, you are ready to accept and accept it with serenity and discipline.

8. Do something unpleasant in the morning (like a cold shower) and the rest of the day will be softer.


9. Most of us are confused about what is truly valuable and important in our life.
So we take the time to pursue things that, instead of making us happy, make us worry and suffer - that's why we suffer.

10. A lack of preparation and planning leads to emotional trading and losses that can be avoided.
  • Do your own research
  • Find the most suitable system
  • Plan
  • Risk management
11. I spend a lot of time, almost every day, just sitting and thinking. That's very rare in American businesses. ”

12. You cannot have a successful trading career if your ideas and opinions are easily denied by others' opinions.
You must believe in yourself and learn to trust your judgment.


13. You cannot eliminate the risk completely.
If you do, you're just trying to reverse the risk curve.
Instead, why not learn to accept and manage it with sound strategies?


14. Before entering a position, you have to know where to win if you win, where you will lose if you lose, and if you lose, how much will you lose.
If you are not sure about it then do not enter

15. When people can't stop making mistakes, it's because their primary goal is to make money.
They want so much money that they cannot relax and trust their plans.


16. “The best advice I can give to the ordinary guy trying to become a better trader is Learn to take losses. The most important thing in making money is not letting your losses get out of hand. ”- Marty Schwartz

17. When you have a signal, don't hesitate to take it.
Just keep the risk acceptable, and learn from whatever scenario happens after that.

18. When you are driven by emotions like fear or greed, you become tense, tired, and your decision to enter will reflect that.


19. “I learned that a market judgment is not worth much. It is important to listen to the market. I became a reactive trader instead of a trader who only listens to judgments. " - Brian Gelber.

20. If at any point your mind is uncertain about money, you create unnecessary anxiety, stress, and anxiety.
This will make the consistency very difficult to achieve, you will try to reach out to what is out of your reach and the trading plan, and hopefully, get lucky.
Doing so means you are eroding your long term trading performance.


21. Without discipline, your dream of becoming a successful trader is still a dream forever.

22. Once you learn how to view trading as a game, you will want to play it with a real strategy.

23. "The key to success in trading is discipline and emotion ... the most important reason people lose money in the financial markets is not cutting losses while they can." - Victor Sperandeo

24. No knowledge will enter your mind without going through the process of continuous improvement and practice.

25. Do whatever you want, don't worry.
Anxiety only adds pain, complexity, and difficulty in your trading process, which doesn't help you.


26. Usually the fighting process takes place within you, not outside. And you need to realize this.

27. Trading for a living is not for everyone.
You must understand that you will have to undergo major changes in mindset and lifestyle to be able to do that and still live happily every day.

28. “If someone tried to take control of your body and make you a slave, you would fight for freedom. Yet how easily you hand over your mind to anyone who insults you. When you dwell on their words and let them dominate your thoughts, you make them your master. ”- Epictetus

(CONTINUE)