Sometimes the best Trade: Is no trade at all.
As you know we love to say: Sometimes the best trade is no trade at all.
Its friday, we had a positive week, we have already a potential trade of the day for Monday. These are the reasons which let you be more calm on the sidelines. Its one of the hardest things in trading to sometimes dont trade at all. Everyday there is so many news, so many stocks that go down and up, so many ideas.
I believe that the Japanese perfected some of the minimalistic approach:
「少ないことは豊かなこと」 (Sukunai koto wa yutaka na koto)
"Having less is having more." For trading this can translate to: Having less trades, is having more profits.
Even Warren Buffet is a big fan of investing less with his story of a punch card: https://youtu.be/1rLjPxpptTw?si=p7BN9VpjulaHNXjC
「引き算の美学」 (Hikizan no bigaku)
"the aesthetics of subtraction," For trading it would be the excellency with just a few trades a week/a month to make a fortune.
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Daniel Szymanski
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Sometimes the best Trade: Is no trade at all.
X10 Day Trading School
skool.com/x10-day-trading-school-8092
How to day trade mostly without charts: Trade with logic & simple math
If you have $10k & want to receive all trades on AutoPilot: X10daytrading.com
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