New traders think trading is about: - Finding something to trade - Being “in the action” - Taking shots - Hoping it works - Feeling productive because they’re doing something But real traders know: - Most tickers are garbage - Most price action is noise - Most “setups” are illusions - Most entries are emotional - Most trades should never be taken I feel like I'm closer to the second part than I've ever been.

This is the profit chart on Tradersync, just started using Tradersync in July. I was using Tradezella but I wanted something more simple. I joined the prop firm August 12th and the big spike happened on the 15th.

My vertical line placement on THAR was so perfect, all the trades you could've and should've taken. But you know, in hindsight.

I place these vertical lines on my charts in Tradingview just to see what would happen if I had executed a trade there, I really need to start taking actual trades in those spots. I would probably have about a 60% win rate and the winners would usually be a lot bigger than the losers. They tend to be really good dip buys. Too bad I hestitate and have trouble with actually executing but something I'm working on. Using the prop firm has helped a bit.

Decided to try TradeFundrr. Joined a StocksToTrade live with Monaco and Bryce, they were talking about it and it sounded like a good next step. I have been studying for ~2.5 years, 1.5 of it in the challenge. I have been trading small, so winning small and losing small, felt like I wasn't getting anywhere. Did what Bryce suggested and traded with a few shares, eventually went to trading with $100 per position, paper traded a few times in there. The prop firm makes it feel more real. Doing my best to stay disciplined, trading with only $1000-$2000 per position until I am comfortable with increasing my size.

Make a little, lose a lot.

FOMO, greed, ego, ignorance, and a lack of patience really can cause issues. Keep those in check.

You really can't be sure of anything when trading. All you can do is make an assumption/prediction, execute your entry, know your risk, have an exit/take profit plan, and have patience. All things I am struggling with right now. ....I have a lot of studying to do this weekend....

Don't let a thought turn into something more (feelings of fear, greed, etc.) Don't let your mind be a trash compactor, holding on to more and more crap.

I started doing this thing on Tradingview where I use circles to mark potential entries based on price movement and then I would see how it did. I could also use the bottom of the circle to mark my risk level. There's barely any emotion involved, quick entries, quick exits, and overall I did pretty well doing that. But transferring that over to trading with real money has so far been a challenge. I end up hesitating on good setups and sizing up on bad ones.