Binance Square
LIVE
LIVE
FortuneNodeOfficial
--747 views
I quit my 9-5 to DAYTRADE full time when I was 23 Since then I went from making $5k a year to $20k a MONTH. Here are 7 things I learned in the process: (1/7) Risk Management is Everything: I quickly realized that to make consistent profits, I needed to control my losses. It’s not about the gains I could make, but about how much I could afford to lose while staying in the game. (2/7) Education Never Stops: The markets are always changing, and my learning had to keep up. Books, courses, webinars – every bit of knowledge I gained translated into better trading decisions. (3/7) Discipline Over Impulse: Setting trading rules and actually following them was harder than I thought, but it paid off. Discipline became my most valuable habit. (4/7) Emotional Control is Key: There were times when a loss hit me hard. I learned that being able to bounce back emotionally is just as important as recovering financially. (5/7) Emotional Control is Key: There were times when a loss hit me hard. I learned that being able to bounce back emotionally is just as important as recovering financially. (6/7) Journaling Isn’t Just for Teens: Keeping a trade journal wasn’t something I was excited about, but it became my playbook for success. It helped me understand my wins and, more importantly, my losses. (7/7) Patience Pays: In my early days, I thought more trades meant more money. It doesn’t. Patience to wait for the right setup often meant the difference between profit and loss.

I quit my 9-5 to DAYTRADE full time when I was 23

Since then I went from making $5k a year to $20k a MONTH.

Here are 7 things I learned in the process:

(1/7) Risk Management is Everything:

I quickly realized that to make consistent profits, I needed to control my losses. It’s not about the gains I could make, but about how much I could afford to lose while staying in the game.

(2/7) Education Never Stops:

The markets are always changing, and my learning had to keep up.

Books, courses, webinars – every bit of knowledge I gained translated into better trading decisions.

(3/7) Discipline Over Impulse:

Setting trading rules and actually following them was harder than I thought, but it paid off.

Discipline became my most valuable habit.

(4/7) Emotional Control is Key:

There were times when a loss hit me hard.

I learned that being able to bounce back emotionally is just as important as recovering financially.

(5/7) Emotional Control is Key:

There were times when a loss hit me hard.

I learned that being able to bounce back emotionally is just as important as recovering financially.

(6/7) Journaling Isn’t Just for Teens:

Keeping a trade journal wasn’t something I was excited about, but it became my playbook for success.

It helped me understand my wins and, more importantly, my losses.

(7/7) Patience Pays:

In my early days, I thought more trades meant more money. It doesn’t.

Patience to wait for the right setup often meant the difference between profit and loss.

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
0
Relevant Creator
LIVE
@FortuneNodeOfficial

Explore More From Creator

--
THE BEST TRADING ALGO OF 2024 ~ FORTUNE AI In the bustling world of trading, where every decision counts, having the right tools can make all the difference. Meet Fortune AI – the ultimate companion for traders seeking precision, speed, and success in their trading endeavors. What is Fortune AI? Fortune AI isn't just another trading tool; it's a game-changer. Powered by advanced algorithms and machine learning, Fortune AI is designed to analyze vast amounts of market data with lightning speed and unparalleled accuracy. It's like having a super-smart assistant by your side, constantly scanning the markets for profitable opportunities and guiding you towards smarter trades. Why Choose Fortune AI? Proper Entry, Targets, Stoploss: Fortune AI provides the Perfect Entry, Targets and stoploss with best Risk to reward Ratio. It also moves stoploss to entry after reaching target 1. Unmatched Accuracy: Fortune AI's predictive models are trained on extensive historical data, enabling it to identify subtle patterns and trends that human traders might miss. With Fortune AI, you can make decisions with confidence, knowing you have the most accurate insights at your fingertips. Adaptive Intelligence: Markets are constantly evolving, but so is Fortune AI. Its adaptive intelligence allows it to learn and adapt to changing market conditions in real-time, giving you an edge over the competition. Risk Management: With Fortune AI, risk management is built-in. It helps you identify and mitigate risks, ensuring you trade with confidence and peace of mind. Why Wait? Join the Fortune AI Revolution Today! Whether you're a seasoned trader or just starting out, Fortune AI is the ultimate tool for maximizing your trading potential. Don't let uncertainty hold you back – harness the power of Fortune AI and take your trading to new heights. Join the Fortune AI revolution today and unlock a world of possibilities in the world of trading.
--
Sitemap
Cookie Preferences
Platform T&Cs