TRADING IS THE MOST REWARDING BUSINESS IN THE WORLD.
But 99% of traders don't know how to win.
6 STEPS TO BECOME A TRADING SNIPER:
1. Develop A+ setups
- Focus on low risk, high reward - Don't worry if you need time to execute - You don't need to catch every market's movement to be successful
One setup is enough to kill in the trading arena.
2. Focus on A+ setups
- Execute like a machine when you spot an A+ setup - Forget anything else. Don't take stupid trades just because you don't have opportunities
Trust your setups. Trust your plans. Trust your execution.
3. Control your emotions
Waiting is the hardest trading skill:
- You need patience to wait for your setups - You need discipline to execute your setups - You need confidence to win with your setups
Traders, like snipers, wait 99% of the time.
4. Know your system like a brother
- Know the details. RR, WR, strengths and weaknesses. - Know what to expect: "If x happens, I'll do this. If y happens, I'll do this."
Always have a plan.
5. Aim for 1%
If average traders practice 1 hour per day, start practicing 2 hours per day. If average traders review trades once a week, start reviewing trades every day. If average traders never shapes minds, start meditating every day.
To be the 1%, do what the 99% don't do.
6. Become a trading sniper
- Focus on A+ setups - Control your emotions - Always have a plan
Shape your weapons. Shape your trading.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.