Trade Recap And Why Preparation Is Key

2020年5月16日

Hi everyone. Hope you're doing well!

This is definitely a Trade Recap I was looking forward to as it was evident that the market has been shaping up a lot clearer and seems to be finding its feet after the volatility from COVID. I've taken 5 trades over the past couple weeks and resulted in -1.2% but the setups were very high quality and I'm confident that we will see more opportunities to capitalise on.

There are 2 main takeaways I wanted to share with you guys today.

1. How to accept a loss. It's so easy to look back at a losing trade and think that you've made a mistake but the question you should be asking is whether you followed your plan.

2. Preparation is key. If you can wake up in the middle of the night, open TradingView and know exactly how you're looking to enter a trade then you've won. This is why I document every forecast in Notion so I can use it as my map to navigate the markets.

I really hope you guys take some value from this video and if you have any feedback then please comment below!