Contenuto
This year, my portfolio is up +32%. All time, the portfolio (since March 2020) is up about 301%. Here's a few lessons I've learnt along the way. 1. Ignore scary news headlines. Markets get highly emotional in the short run, and this unfortunately causes people to make poor decisions. 2. Focus on price momentum and macro trends for clear directional bias. Both are incredibly important. Fight them at your own risk... 3. Trust your thorough back testing and research. 4. Everyone is apparently a genius in the comments section, but your own P&L is the ultimate guide. 99% of the comments you read across social media are unfortunately from smart-sounding, unprofitable traders. 5. No one is right all of the time, and good trading doesn't require you to be! Small risk per trade is your ally, leverage - your enemy. Let your edge play out over many trades, not an all in gamble on one setup. - Nick