My first year trading full time I was making $5k- $7k a month.
Within 2 years I was able to scale to $50k+ a month.
Heres how I did it:
Discipline and Routine:
Consistency is key.
I established a daily routine that included management.
research chart analysis, and risk
Sticking to this routine allowed me to stay focused and make informed decisions.
Risk Management:
Protecting your capital is paramount.
I never risked more than 1-2% of my trading
Protecting your capital is paramount.
I never risked more than 1-2% of my trading capital on a single trade.
This ensured that I could withstand losses and continue trading.
Preservation of capital is crucial
✓ Strategy Development:
I honed my trading strategy over time, focusing on a few specific markets.
Having a well-defined strategy allowed me to identify high-probability trade setups consistently.
Simplicity often beats complexity.
✓Adaptability:
The market is dynamic.
I learned to adapt to changing conditions and I learned to adapt to changing conditions and never got emotionally attached to a single trade.
Staying flexible allowed me to pivot when needed.
Emotionless trading is the way to go
Scaling Up:
As my consistency improved, I increased my position size gradually.
Scaling up is a gradual process that comes with experience and confidence.
Patience is the key when growing your trading account.
Mindset Matters:
Trading success isn't just about strategy; it's about the right mindset.
I cultivated discipline, patience, and emotional resilience.
A positive mindset can turn setbacks into opportunities
Persistence Pays Off:
Remember, success doesn't happen overnight.
It took time, effort, and countless learning
experiences to get to a level where I can make
$50k+ a month.
Stay persistent and never give up.