SirPickle

My trading changed when I stopped manually intervening with my positions.
Just let the stop orders do what they were meant to do.
When you market exit a position which you think wont work anymore, thats your emotions trading.
Not your edge.
I used to to this a lot
and often times the exact moment I exit,
price reverses and shoots straight to TP.
Its fascinating really because it shows the psychological nature of the markets.
Price taking you to your breaking point, then finally delivering.
I know we've all been there.
So to combat this,
let your STOP and LIMIT orders do their JOB,
Its why yo

You will not be seeing me November 19th
I’m retiring.

The secret to high probability DOLs

I stopped saying I’m a day trader when people ask me what I do for a living.
Now I just tell them I’m an Intraday Quantitative Market intelligence and Risk Optimization Specialist.
People stop asking questions when you say this.
Much better.

If you’re seriously trading today you need therapy.

Bias update for rest of the week on indices

This is the life I’ve always dreamed of.

Everything changes once you learn that you’re paid to wait.
You’re not paid to trade.
You’re not paid to click the button.
You’re paid based on how good of a waiter you are.
And that’s it.

Trading is hard bc you can do everything right and still lose.
Many don't have the mental framework to handle that.
They take a couple losses and think it’s time to switch strats.
Consistent results are a byproduct of a consistent adherence to your edge.
Process over outcome.

Every single friend of mine who has come up to me telling me they're going to learn trading... has quit shortly after.
This is not for the feint of heart.
It will take years.
Are you ready for that?
Most dont have the dedication and perseverance,
Which is why most fail.

The person you came into trading as will no longer exist once you decide to take it seriously
You’ll learn more about yourself than you ever thought (you better be journaling if not you’ll never find out)
This game will force you to change every aspect of yourself for the better if you truly wanna see improvement in performance:
Your morning routine
Your habits
Your impulses
Your diet
Your nightly routine
It ALL translates into the charts
The discipline you have in your real world life is the discipline you will have in your trading.
Make sure it’s unbreakable.

Not much you can do when the market drops the HAMMER like that at open.
Added into some long term positions here.
See yall tomorrow lol.

The type of losses that leave you saying "damn im very f*cking surprised that didn’t pan out" are the ones you want to take.
Not the ones where your like "yeah i kinda saw that coming shouldnt have taken that"
You should be left feeling that surprise if you lose, that means you took a good setup.

You don't lose money because you don't know enough.
You lose it in the minutes after a red trade, when you feel the need to make it back.
That's where the revenge trade happens.
That's where size doubles.
That's where a normal loss turns into a blown day.
Learn to sit through those minutes and you'll keep most of what you make.
Most traders never do.
You will.