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@DEVIN__SETH
Watching humanity like a bad reality show. Serving tea hot & takes hotter. Existential crisis: daily. Regrets: zero.
Katılım Nisan 2025
528 Takip Edilen246 Takipçiler
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Most people quit trading right before they become successful because they are looking for a 'holy grail' strategy.
Here are 5 hard truths about the 1% of traders:
The Strategy is Secondary: A mediocre strategy with perfect risk management beats a perfect strategy with no risk management every time.
Losses are Data: Professionals view a loss as the 'cost of doing business.' It provides data on market conditions, not a reflection of their self-worth.
The Power of 'No': The best traders pass on 90% of setups. If the criteria aren't met, the capital stays in the pocket.
Thinking in Distributions: One trade means nothing. Success is measured over a sample size of 100 trades. This is the Law of Large Numbers in action.
Detachment: If your heart rate increases when you enter a trade, your position size is too large.
Trading is a boring process that leads to exciting results. If you're looking for excitement, go to a casino.
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A stop-loss isn’t a failure.
It’s a business expense.
In any other industry, you pay for inventory, rent, and utilities.
In trading, you pay for information.
A loss tells you: “The market is not currently validating your hypothesis.”
That is valuable data.
Don’t turn a small operating expense into a bankruptcy because of your ego.
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