👉 How I made 150K+ Profit in last 6 Months

1. Develop a Strategy

How I developed my strategy

- Studying Data and Quant

- Backtesting

- Observing price action LIVE (Journaling)

- Demo trading for months (during my initial years of trading)

- After being successful in demo I moved to Live

2. Risk Management

Without developing the skill of risk management... a good strategy is useless

- Figure out a consistent risk/reward system that fits into your strategy

- Always risk the same $ amount per trade

- Create rules to manage risk if you go on a losing streak

3. Increase your emotional intelligence

- Journal your emotions/biases while trading

- Become aware of how you feel while trading

- Through repetition the goal is to have full conscious control of your decision making... unaffected by short term emotion and impulse trading

4. TREAT TRADING LIKE A BUSINESS (Documenting Trades)

Things to journal

- Trades/Outcomes

- Notes

- Areas for improvement

Understanding if your trade was based on your mechanical strategy or by your impulses are KEY!

5. Patience / Long Term Perspective

- Learning this takes a complete rewiring of your brain which takes TIME

- Submit to the process of learning and keep grinding

- Your TIME will come... it's up to you if you're willing to endure this journey