MY TRADING PORTFOLIO: $1+ MILLION
Learn how to day trade or long-term invest
95% of all traders fail in day trading. That's a fact. If you follow the majority, you will get the same results as the majority.
I spent 1 1/2 years on the wrong type of education on Youtube channels with hundreds of strategy and indicator videos, learning that it's mostly nonsense and the importance of simplifying to become profitable.
My best advice to become a profitable trader
More chart time, less Youtube
Stop consuming media about trading and start getting your chart-time. There is nothing that can replace that experience.
Focus on one strategy
Don't complicate things, you are in it to make money, not to let your EGO take over cause you want to MASTER or BEAT the market. Focus on ONE strategy for six months or more, and one instrument. You will find minor tweaks that help you become profitable. And the strategy you choose must be easy to apply, over and over again.
Psychology
One of your biggest struggles will be yourself and your brain. You will cut winners fast and let losers run. By having a plan and making sure you follow it, you will handle emotions more easily. Your psychology is directly connected to the outcome of your strategy. If you trust it, you will have an easier to follow it and preventing yourself from destructive behavior.