1. Biggest thing to realize is you have absolutely 0 control over price action. Literally none. The only thing you can control in trading is your risk management (entry, exit, stop loss).

  2. Thanks mate, that's some pretty solid advice. I do know that to be the case (logically), but I could probably meditate on that, or have a daily affirmation I say out loud before trading that states the above to kind of make it a bit more deep rooted.

  3. It comes with experience and just remembering you have to be patient and follow your strategy, especially right after you win (being too greedy) or lose (taking revenge on a market)

  4. This. I lost so much yesterday because I talked myself out of thinking I was on the right side of the market and it would have come back my way.

  5. Today I felt that I missed out on two trades in the morning. Sat back waited a bit and found some about an hour later. Over time your patience will increase. Especially if you are meticulous about finding really solid trade setups.

  6. I'm finally becoming profitable regularly with a simple strategy and the biggest change that I personally noticed was my change in patience. I've missed a few opportunities but I don't make a hasty trade because of that, I patiently wait for the next set up. Was a big shift in my mindset.

  7. I don't think it has anything to do with your 9-5 career. There are only 2 basic emotions that every trader deals with, FOMO and FUD. The former is extremely destructive more so than the latter. I would rank most people failed due to FOMO 5x as many as people who failed due to FUD.

  8. what I’ve learned is that in some sense you should be spending more time talking yourself out of a trade rather than talking yourself into a trade. Also realizing that you are paid for for the quality of your decisions not the hours of work that you put in.

  9. To be a trader you need not only patience during intraday, but also for longevity, AKA sitting on your hands and not trading during a slow / dull market like right now.

  10. It's something I've gotten more consistent at as I've worked on this (been at it nine months now), but it still only takes one day of impatience to wipe out days or weeks of profit. Returning to work after an extended vacation doesn't help, because I feel pressure to make my trades before work starts, which is a fast track to self-sabotage.

  11. Day trading is not meant for anyone. Being patient or not. You will exit same day if not next few mins. Skill maturity matters.

  12. One of the hardest parts to master is patience and discipline. do some back testing on smaller time frames with your strategy as structure forms quicker and will present more opportunities. Just be sure not to over trade and check it is profitable with your strategy.

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