The Inner Circle Trader Twitter Spaces Archive Knowing Your Model Will Deliver - August 31, 2023
12 snips
Aug 31, 2023 Dive into the importance of knowing your trading model and the long-term patience it requires. Explore how self-awareness and personal strategies can shield you from mob mentality. Gain insights on the Gray Man Approach for navigating financial challenges. Reflect on personal habits to foster growth and success. Discover how recognition and repetition can enhance your trading skills. Finally, learn the crucial role of personal responsibility and maturity in achieving trading success.
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Patience in Trading
- Avoid rushing into trading, just as you wouldn't rush to a party.
- Exercise patience, as impatience leads to reckless decisions and increased risk.
Money's Influence
- Money and sex are the two primary motivators influencing the human mind.
- Understanding the influence of money on trading decisions is key to trust and success.
The Importance of Stillness
- Learn to be still and patient when trading, especially as a beginner.
- The market cannot harm you until you enter, so avoid impulsive actions.