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- Trading is hard. 90% of traders never manage to be consistantly profitable.
- Greed is your enemy.
- A good trader is a good risk manager.
- Use Stop Loss and dont move them in the middle of a trade.
- The more leverage you use, the more certain you will fail.
- If you cant sleep at night, your positions are too big.
- You need to manage your emotions. Try meditation.
- You dont need to have positions open at all time.
- An average of 1% profit per week compounded will make you filthy rich.
- A good strategy is not the most important part of your success. Discipline is.
- Repeat this mantra: “I am a very good trader”
My name is Rick and I live in Mont-Tremblant, Canada
You can contact me on my website http://livebitcointrading.com