For the first 3 months I was just watching Tim's free Youtude video and after I finished watching every single video. Then I joined his Tim alert chat room and Practicing my trading but using really small size as I was not interested in making money. I was just trying to learn the patterns. Six months later, I was constantly winning on trades then losing all my profits on losers. I knew something had to change then I realized during those 6 months I was trying to trade every single setup that came my way and was focusing on having bigger winners. But this was where my problem lied. I was too focus on making money and trading every thing that came my way. Once I focused on trading only one setup (morning dip buys) and cutting my losses quickly, then I started becoming consistently profitable. One has to learn how to not lose big before they can learn how to win. But then I ran into a wall and knew I had to improve something about my trading. Once I analyzed my trades, I realized that my entries weren’t so great and needed to improve them. After realizing this, my winner were much bigger and my loser were smaller. I rather miss a trade then have a horrible entry and applying this to my trading has saved me from massive and unnecessary losses. Thank you for your time and wish you the best in your trading journey.
Join now or log in to leave a comment