SEEKING CLARITY IN THE CHAOS🧘🏾
This space can be very chaotic. Everybody trying to be right, some flaunting their screenshots of how they made money without insights on how to get there, some trying to sell you signals and others even want to Scam you off your hard earned money!
As an individual who wants to grow, you should remember that you are always alone! What other people do or how much they make is none of your business! It will always be YOU Vs YOU.
That being said, here are a few tips that can help you stay grounded, block the noise and focus on your progress( Because it's the only thing that matters!). Make an effort to read to the end. I will be using $SHIB as an illustration of how I trade.
1. PREPARE✍️
To be completely independent, you must always prepare. This means taking time to review your trades and your next potential trades. Your trading should always be your responsibility. Lose or win it's all on you. Below is my $SHIB analysis on Daily and H4.
2.FOLLOW THE PATH OF LEAST RESISTANCE.
This means you should always follow the overall direction of the trend. Avoid trying to call the tops, rather wait for those Dips and buy the dip. This is exactly what I am waiting for in the $SHIB chart posted.
3. REMEMBER "WHY" YOU TRADE
Most of the people want to trade for financial freedom, but is it really freedom when you do not put In the work and depend on Signals from others? It is okay to learn from other people's chart, but make sure you learn!
4. LOSE LIKE A PROFESSIONAL
There is a toxic trait of people trying to sell you the idea that if you buy their signals you will never lose. This is delusional! Even the best experienced traders will tell you they sometime lose but they lose like professionals. They cut their losses quickly, keep them small, always use a stop loss and admit they are wrong quickly. Avoid playing ego games with the markets and trying too much to not lose and flaunting your profits.
I have to end it here due to word limit. Follow for more daily posts.
