Hello Traders,
Last week was the short trading week & the price action was mostly choppy. I will explain in this post why and what to expect now.
If you are still a free subscriber, you are wasting your time here as you clearly have no idea about risk management and value.
My trading rules are simple.
Step 1: I generate risk money from the principal money.
Step 2: I ensure risk management is in place when I bring the risk money to the table.
How do I follow these rules?
I have documented the simple steps in my Money Matter$ page. This PDF document has 26 simple ways to save/make/hedge money. You can also get my paid posts as complimentary. I have outlined the steps. Download it from here.
How does this strategy help me?
It forces me to follow a process of rock solid risk management by removing principal money from the risk. Principal money remains out of the trading equation. I cannot lose it because I don’t use it for trading.
This has been a FAIL PROOF strategy and that’s how I achieve $0 loss probability in my trading.
Having no emotion is the key for trading. Your trading position will either make money or lose money. There is no other outcome. Why to be emotional about it?
If you are not thinking long term and committing at least five years to trading, you’ll be among 90%+ retail traders who lose money.
Remember: Less than 5% retail traders make money. Consistently.
If you are too lazy, just use WeBull to get 5% APY on your cash. Interest is paid daily. Utilize that interest money for your trading purposes. WeBull is also offering 3.5% on Retirement accounts transfers & contributions. Take advantage of this outstanding offer.
Appreciate everyone’s support and time. Interact with me on social media. My DMs are open on Substack, X, StockTwits, BlueSky and Threads for any question, you may have.
Now, let’s dive into analysis of SPY 0.08%↑ $SPX #ES_F TSLA 0.00%↑ AAPL -0.06%↓ COIN 0.00%↑
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