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Traders' Mindset

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2 contributions to Traders' Mindset
What is essential to be a profitable trader (Important topic)
Everywhere in social media we see the luxury lifes of traders. They can get everything and dont worry about nothing. I dont really like the way it is presented, showing that trading is easy and you just need to follow only his/her trading groupin telegram or instrgram and you will be rich in few days. What I am really wondering, what is essential for becoming profitable. I am struggling with emotions and rules. I do know that they should be and try to follow them and the trading plan is also done, but later in the trading day it becomes really crazy and it goes somewhere in other direction. What you could advise on that? Can you share you thoughts and experience on that topic?
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New comment 11d ago
3 likes • 13d
1. I’ve become okay, mentally, with losing a trade. No one wins every time. 2. If I haven’t made money by 10:00 CST, I’m not going to. I shut the computer down and walk away. 3. Live to fight another day. One red day isn’t going to kill me (or my accounts). 4. Learning from your mistakes is key. Not repeating them is much harder to do but can actually help you make money. 5. The less I trade the better I am at trading.
Connect: Share Your Trading Story 📈
Welcome to an exciting exchange in our community. It's time for us to get to know each other better and grow together. Tell us about yourself: - Your Background: A brief introduction to you and your trading level 🚀. - Your Markets: Which markets fascinate you? 🌍 - Your Experience: How long have you been trading? ⏳ - Your Tools: What software do you use? 💻 - Your Goals: What are you looking for here? What are your aspirations? Who would you like to meet? 🎯 Every contribution is a building block of our collective success. Share your story and let's learn from each other 🤝. I look forward to your stories and pictures! 📸 Best regards, Robert
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New comment 9d ago
3 likes • Sep 17
Hello everyone. My name is Caden and I am a student again at the age of 49. I was fortunate enough to retire at 42 after a career in the oil and gas industry, here in the US, and am back in school for a postgrad degree in economics. I am married and we have one daughter in grade school. I have been day-trading for the past two years and focus primarily on ES/NQ/CL. GC occasionally. I have been trading for the past 30 years, primarily swing trading commodities which my grandfather taught me as a teen. Cotton, beans and cattle. I just started with Bookmap (love it) and also utilize Quantower and Motivewave occasionally. I still trade commodities with my own money and have been day trading props which a friend recommended I try. It still amazes me that I can give a company $100 and a few weeks later they send back 15 times that amount. Amazing space to be involved in. I’d like to keep day-trading props and improve my consistency. That’s why I’m here.
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@caden-robinson-3124
Day, swing and position trader. Husband. Father.

Active 6d ago
Joined Sep 15, 2024
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