Top Ten Edges a Trader Can Have:
A thread 𧡠π
A thread 𧡠π
Trading the price action as it plays out has a better odds of putting a trader on the right side of the market than a trader with a bunch of opinions and predictions.
Backtested signals that worked in the past have better odds of success in the future than guessing which way the market will go.
A trader with a trading plan will usually beat a trader with no plan. A trading plan will usually guide a trader to make better decisions than the emotions of the people on the other side of your trade.
A trader who is patient with their winning trades will have bigger wins than traders who take profits to early.
Putting your stop loss in a spot that is unlikely to be triggered gives your trades time to work out without being prematurely stopped out during normal volatility.
Finding repeating patterns in the market and trading them over and over gives you and edge over the traders that do not know about the pattern.
Getting into a trade when the majority are getting out.
Getting out of a trade when the majority are getting in.
Trading a position size that keeps your emotions manageable.
Following a trend until the end when it bends.
β’ β’ β’
Missing some Tweet in this thread? You can try to
force a refresh
γ
