Read on Twitter
Ego is the enemy
In 2008 & early 2009 I couldn't miss on a trade & I felt invincible. I can remember believing that I KNEW what would happen. This led to a loss that wiped out all that I made in 2008 on a single naked trade b/c I KNEW!
Oddly enough, 2020 has been the same
In 2008 & early 2009 I couldn't miss on a trade & I felt invincible. I can remember believing that I KNEW what would happen. This led to a loss that wiped out all that I made in 2008 on a single naked trade b/c I KNEW!
Oddly enough, 2020 has been the same
I haven't missed this yr. I was blessed & fully hedged during the covid Black Swan & I publicly called the bottom of #BTC 
& Traditonals both on the very day of the bottom. The same day, I called for #BTC to hit 14k+ & for ATH's on stocks this yr & while it's fun to playfully
& Traditonals both on the very day of the bottom. The same day, I called for #BTC to hit 14k+ & for ATH's on stocks this yr & while it's fun to playfully
Boast on Twitter I don't feel invincible at all. This time I feel like I'm due to lose. Not in a scared way either. I just realize that I don't know anything that will happen and this is where I have GROWN the most as a trader
We never know what will happen & accepting that
We never know what will happen & accepting that
reality is what will save us from our own Ego
The Disciplined Trader will always outlast the intelligent & the talented trader. The disciplined trader protects their money first
Never forget that a decline of 50% fully offsets a preceding advance of 100%
Ego is your enemy!
The Disciplined Trader will always outlast the intelligent & the talented trader. The disciplined trader protects their money first
Never forget that a decline of 50% fully offsets a preceding advance of 100%
Ego is your enemy!
