Today, I want to talk about a trading strategy that will make you more successful than 99% of all the day traders and hedge fund managers and talking heads out there.
I’m talking about a plan that will make most of the traders you look up to look over at you and say “how did you do that?”
It’s not some fancy software. It’s not a new trading technique. It’s not some currency pair or explosive stock you’ve never heard of.
It’s my basic philosophy of trading:
Are you ready for it?
I don’t think you’re ready for it…
Here it comes…
Take a deep breath…
Here we go…
Alright, the strategy is: make a dollar. Keep a dollar.
Ageless Trading Wisdom
I know it sounds silly. I know it sounds way too simple.
But I’m telling you God’s honest truth: if you end the year one dollar richer than you started it, you will be one of the most successful traders in the world.
Traders get too focused on the small picture. They look at a trade as a winner or a loser, and if they lose three trades in a row, they think they’re ice cold.
But you need to look at the big picture. If you’re winning more than you’re losing, not by winning each trade but by winning the BIGGER trades, then you’re a brilliant trader.
If you’re limiting your risk and cutting your losses, if you’re not getting greedy and trying to grab that extra movement on a trade, then you’re a brilliant trader.
It may sound cliché, but this is a marathon, not a sprint.
Don’t worry about a perfect record or a brilliant stock pick.
Make a dollar. Keep a dollar.
It’s that simple.