How can I become a great trader?๐
This is what YOU need to to if you want to become a good trader. No excuses, no shortcuts:
Unsubscribe all financial news. Turn off CNBC etc. They are not your friend, they are there to entertain/scare you.
Look back at all listed U.S. stocks, check the charts of every mover as long back as you can. Look for common patterns that occur over and over again over many different decades. Build a chart database in Evernote, OneNote or whatever. Spend at least a few hundred hours doing this. Memorize those chart patterns and other commonalities. Congrats, you just found your edge. Now start trading those patterns.
Unsubscribe all financial news. Turn off CNBC etc. They are not your friend, they are there to entertain/scare you.
Look back at all listed U.S. stocks, check the charts of every mover as long back as you can. Look for common patterns that occur over and over again over many different decades. Build a chart database in Evernote, OneNote or whatever. Spend at least a few hundred hours doing this. Memorize those chart patterns and other commonalities. Congrats, you just found your edge. Now start trading those patterns.
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