I’ve made over $500,000 this year alone by sticking to a few key principles. If you're serious about leveling up your trading game, you need to read this!

🔖 Table of Contents:

1. Make A Plan for Yourself

2. Developing Your Strategy

3. Managing Your Risk

4. Develop Good Psychology and Habits

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1. Make A Plan for Yourself 🎯

- Why It Matters:

➡️ Having a solid trading plan is essential. Going into the market without one is a recipe for disaster. A "mechanical plan" helps you make informed decisions and know when to trade and when to sit out.

P- Creating Your Basis:

➡️ Ensure your trade aligns with your strategy, entry model, news, and analysis. If it doesn't match your entire basis, do NOT trade!

- Quick Tip:

💡 Screenshot a trading plan chart to remind yourself of your daily goals. Consistency is key in executing your plan successfully.

2. Developing Your Strategy 🧠

- Stick to One Strategy:

➡️ It’s tempting to try every strategy out there, but sticking to one and mastering it is the way to go. Learn the basics, then delve into more advanced concepts like Smart Money.

- Personalize Your Approach:

➡️ Your trading strategy should align with your personality. Whether you prefer day trading or swing trading, choose what works best for you and keep refining it through backtesting.

- Key Insight:

💡 It’s not just the strategy—understanding and sticking to your approach makes all the difference.

3. Managing Your Risk ⚖️

- The 1-2% Rule:

➡️ Risking 1-2% of your portfolio per trade is the sweet spot. If you’re starting small, you might push to 5%, but never more.

- Defined Risk:

➡️ Enter every trade with a set amount of capital. Stick to this rule to protect your account during losing streaks.

- Avoid “Hopium”:

💡 Don't hold onto losing trades, hoping they’ll recover. Cut your losses early to save your capital for better opportunities.

4. Develop Good Psychology and Habits 🧘‍♂️

- Trading is 85% Psychological:

➡️ Most traders fail because they can’t control their emotions. Focus on trading to keep your money, not just to make it.

- Discipline is Key:

➡️ Consistency in your daily life translates to discipline in trading. Push yourself out of your comfort zone—whether it's waking up early or hitting the gym.

- Pro Tip:

💡 Smash your goals both on and off the charts. The habits you develop in life directly impact your trading success.

🚀 Final Thoughts:

The road to becoming a successful day trader is challenging, but it’s not impossible. With a solid plan, a well-developed strategy, proper risk management, and strong psychology, you can achieve your trading goals. Remember, you’re the only one who can truly make this happen—go out there and prove everyone wrong!