Wow, so I haven’t made a blog in so long man. But that’s for many reasons, one being life took a major toll on me the last 2 1/2 years. Couldn’t really trade with any money anymore but also blew $3500 total in approximately 10 months of trading. Sept 2023 was my first month of breakeven. That’s when everything clicked with the studying, the trading but I had to fine tune my risk management and mindset and that was the biggest thing.
I’ve been putting in the work studying late at night working during the days, and slowly now piling up money to start trading again. I feel like I’ve built a good edge and understand that I have to trade what works for me BUT also what works in the current market conditions. For example, are we in a bullish market, in a bear market or consolidation market? And it all depends and it falls back on how much you’re willing to risk according to your account size and experience. Experience. Yes. Screen time. Thats where the real work gets done. Nonstop charting, studying and developing your analysis skills and execution skills.
I realize trading doesn’t have to be stressful at all. I’ve been blown away by some of the profits some recent millionaire traders have been making but it also comes with more risk more stress. But hey who’s to say making $1000-$5000 on average isn’t good? That amounts to $250,000-$1,250,000 per year….. and of course there’ll be losses 50% of the time but SMALL LOSSES…… but you get idea. And that’s trading SMALL. Consistency pays more. Not bigger trades and bigger losses. Remember how I mentioned mindset. That’s exactly what this is about. Learned to not rush and I haven’t blown a lot of money at all, only a mere $3500 which could make back in a month or so. But hey let’s see where my trading can go in 2025 and 2026 I’m eager to see where my learning curve has taken me.
-ROSTAM OUT🔜🔥
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