#stockmarket

Rules that gave me financial freedom 👇 1. Only take 1-3 high quality trades - Anytime I trade more than 2-3 times, I end up over trading because I get greedy. Emotions have no business when you're trading. ❌ 2. If I lose $1,000+, do not trade the rest of the day - this rule helps me from revenge trading and keeps my emotions out of my trades. Anytime I lose a huge amount I have the urge to make it back and I ignore my strategy, causing me to lose even more money. This rule prevents that 💯 3. Set a weekly profit target not daily - a daily target is inconsistent because 9 times out of 10 depending on the stock plays, you wither make more or less. Having a weekly target is a better metric because you will ideally be able to make that money wither in one day, or 2-3 days. It gives you room to trade on days where the market is choppy or if you're not up for it. Once I've achieved my weekly target, I do not trade for the remainder days in the week. Discipline is key 🔑 To make money, trade like a robot by implementing strict rules that make you stick to your strategy and eliminate emotions 🔥 Before 2024, everyone needs to create a set of trading rules and stick to them! If you want to become a profitable trader, send me a DM with the word "TRADE" Follow @youngbullinvestors for more! #stocks #crypto #tradingview #daytrading #tradingtools #money #sidehustle #howtodaytrade #mindset #daytrading101 #motivation #daytradingstrategy #daytradingtips #fyp #stocktok #stockmarket #trader #fypシ

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Start Today and become profitable in 2024⬇️ Day 1-5: The Game Plan 📓 Day 1: Write Down Your Short Term and Long Term Trading Goals. Day 2: Figure out what time frame you can dedicate to the market. Ex. The Stock market operates from 9:30am-4:00pm. Will you be able to trade the morning or afternoon session? Layout what your weekly schedule is going to look like. Day 3: Remove tasks that is not going to get you closer to your desired results. Say No to everything for the next 30 days. Day 4: Write down habits you can perform daily to get closer to your desired goals. Ex: Wake up early, study 1-2 hours, 1-2hr screen time. Day 5: Find a community of like minded individuals to accelerate learning process. Day 6-10: Applying Pressure Day 6: Become a sponge and learn everything you can for free on Youtube, discord communities, podcasts. Tip: Invest in a mentor. Day 7: Start learning 1 strategy and back test 100 times and aim for a 50% Win Rate. Ex. Supply & Demand, TheStrat, Chart Patterns, SMC. Day 8: Practice on a paper account and journal each trade taken from that 1 strategy. Stay consistent with trading the same set up. Day 9: Continue to backtest and trade on paper account until you are confident. Day 10: Once you are comfortable with the trading set up, fund a small account and trade live. Day 10-15: Risk Management Day 11: Figure out your risk tolerance. How much can you comfortably lose per trade? What amount do you start becoming emotional? Day 12: Double and Grow the small account and start scaling slowly. Ex. If you are used to trading 1 contract, practice with 2 contracts. I am running out of room, comment “Gameplan” if you want the complete daily task you can perform to help you become a profitable trader. Follow @Tsugitrades for daily trading tips #daytrading #tradingstrategy #swingtrading #stocks #tradingforbeginners #technicalanalysis #howtotrade #trading #candlesticks #stockmarket #crypto

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