Thread by @TraderDivergent

Want to 10x your confidence in trading?

Then read this...

1/10

(Confidence comes from a set of rules)

No Plan = Hesitation
Hesitation = Regret
Regret = No Confidence

2/10

Remove the guesswork, have a plan

If A happens I will do B
If B doesn't happen I'll do C

3/10

(Evidence gives you confidence)

The 4 Key Stages

1. Research
2. Backtesting
3. Demo testing
4. Live testing

DO NOT SKIP IT!

4/10

Having a well-researched and tested plan gives you something to reference in your live trading

Going through a drawdown?
Okay, what does my tested data say?
Oh, it’s perfectly normal. Okay, carry on...

Instead of giving up on the strategy or system like the 95%

5/10

(Confidence comes from results)

You need to see your strategy working

- Risk small
- Let probabilities work
- Gradually increase risk

6/10

You have to let the strategy prove itself.

Gradually scale exposure as the strategy works.

Scale up in increments every time the strategy produces X- Amount e.g. 10%

7/10

Confidence is not an innate characteristic.

It's built through putting in the work.

Using these methods will skyrocket
your confidence to new levels.

Now it's all down to you...

8/10

If you enjoyed this & want to learn more like this then go grab my e-book

''The Blueprint To Trading Psychology.''

Click the link below 👇

zlappo.com/gumroadlink/7a…

9/10

Thank you for reading this thread, if you did please:

1. Follow me (@TraderDivergent) for more

2. Retweet the 1st tweet below to share this thread

10/10

https://twitter.com/TraderDivergent/status/1564885706316517376