Thread by @TheOneLanceB

@SMBCAPITAL JUNE TAKEAWAYS:

1. Stress-free trading!

Topic of my 2020 @Traders4ACause talk! I 🤔 ⬇️ my stress would ⬇️ my pnl. Paradoxically, stress-free trading ⬆️ my pnl bc I only took best setups & no 🥊 trends. A top trader was stressed in June. That was his tell 2 change.

2. Cut out the marginal trades in this market! You have nowhere to hide if you are taking constant paper cuts. No longer 2020/2021 w constant Aces to outweigh them.

This market is paying you to build your discipline and selectivity. That is crucial skillset for career traders.

3. NVR SAY “THIS ISNT MY MKT!” Lot of Fintwit taking summer off bc of this. What if not yr mkt for years!?

Pros are using this market to grow playbook bc nobody knows how long any market might last.

Swang is elite decade-long trader leading his team to find new edges.

4. How can you make each day FUN!? Is it collabing w other traders!? Trying new awesome lunch spots in NYC? Midday walk in Central Park or hitting the gym?

To sustain high performance you NEED to be enjoying the day-to-day.

5. Where do you want to be as a trader or person in 5 or 10 years? What are the daily actions you can take NOW to get there?

Building discipline, expanding playbook, networking are skills to help you thrive in all market environments for decades to come.

CC: @MikeBellafiore