A trader's ability shouldn't be judged by: - Passing challenges - Placing winning trades These can be done by luck. A true test of their skill is their ability to: - Hold winners - Manage drawdown - Bounce back from a loss - Execute without hesitation

Traders need a: - Statistical edge - Mental edge Your statistical edge is responsible for making money. Your mental edge is responsible for keeping that money.

Sometimes, when you're frustrated after a loss, the issue wasn't in your analysis. The issue occurred long before you clicked buy or sell because you didn't accept that you could be wrong.

If you truly accepted that your next trade could be a loss.. AND You risked an amount of money that you were truly comfortable losing.. How could the outcome of the next trade ever disappoint you?

Social media lied to you. Trading isn't hard because you can't draw the correct lines and boxes. You can train a monkey to do that. Trading is hard because most people: - Don't manage risk - Don't think long-term - Can't control themselves

Most aspiring traders will always be driven by fear, greed and pain because the mind is not wired for performance; it's wired for survival.

Daily reminder.. Your job is not to predict price. It's to manage risk for whatever outcome the market produces.

Most social media gurus telling you that it's possible to make trading your full-time income, all have multiple sources of income. Make it make sense..

How would you describe the difference between getting lucky and being skilled as a trader? 👇

If you're not comfortable with the money at risk, walking away and taking a break will not help you. It might make you feel better for a little while, but until you address the underlying problem, you will always be a slave to your emotions.

Most traders don't lack a strategic edge, they lack the mental edge to apply it. The FREE 'Mind Over Markets' newsletter can help you change this. You get: 1 x Element of Psychology 2 x Ways it Impacts Your Decisions 3 x Things You Can Do To Take Control Link in my bio!

To a new trader, there is no difference between an idea and a trade. They see a potential move and they execute. To a professional, these are two different things. An idea comes first, but has to be followed by: "What does the market need to do to prove my idea is correct?"

I truly think if you accept that you have no control over what happens next, you'll be a better trader. Knowing the future is always uncertain forces you to: - Only bet in high probability conditions - Manage risk in case the unexpected happens

Consistently profitable traders win because they don't avoid losses; they expect them.

Dear son,

Most traders never make it for one of two reasons: 1/ They blow all their capital 2/ They give up before they've learned the right lessons The odds of both of these occurring can be minimised by working on your mindset.

Most traders aren't failing because they don't know enough. They're failing because they're not consistent enough. That's often not a skill issue; it's a psychological one. More time at the charts won't fix that.