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7 Simple Life Hacks for You! A twitter thread...
Here are simple tips to improve your #life and feel the difference. Here’s how you can do it:
Here are simple tips to improve your #life and feel the difference. Here’s how you can do it:
The 80/20 management rule in trading. 80% of the effects come from 20% of the causes. In trading, 80%(big portion) of the profits come from 20% of the good trades. Do not take these numbers literally. 1/n
If you are a discretionary trader, you need to focus on those 20% good trades and the reasons behind it and try to make this number bigger. For ex: if 20% of those trades were breakout trades, then you need to trade more breakout trades to make those big winners. 2/n
If you were a system trader, you can't do much if your system already has a very good expectancy. You just need to have the right mindset to go through the drawdowns and wait for those big winners. Remember, there is no trading technique/system that will be 100% profitable. 3/n
