Don’t Waste Your Time in Trading: Take the Trade When It Fits Your Rules
Recently, I received an email from a student commending me on my efforts to help them succeed in trading. I appreciate emails like this, as they remind me that my work is making a difference.
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At times, I think we all deserve a pat on the back. I spend long hours thinking about how to motivate my students to be confident in their trading. I know that our strategy, The Alien Wash, is sound, as I am making consistent money every week and every month. However, many students are not yet doing the same.
At times, I think we all deserve a pat on the back. I spend long hours thinking about how to motivate my students to be confident in their trading. I know that our strategy, The Alien Wash, is sound, as I am making consistent money every week and every month. However, many students are not yet doing the same.
Too often, students ask about a trade only after i and the seniors have already locked in profit, yet they continue to hold on to losses when I have already cut losses for the trade. This all boils down to two things: are you taking appropriate risks, and are you following the rules?
With this message, I would like to motivate all of my students and aspiring traders. Trading can be a lonely business, but we have a community to support you on your journey. We also have experienced coaches to guide you.
Time is precious, so don’t waste it. Take the trade when it fits your rules. Don’t simply admire the profits that I have posted. They can be yours too. Just like the student who wrote to me, who said that she “had been able to make a few profit withdrawals since she took my course last year