For The Culture

Ever wondered what really separates profitable traders from the rest?

Hint: it’s not just the money they make 🫳

Thread 🧵

I love interacting and making the world a better place innit

It’ll interest me to let you know that even the profitable traders loose so much of money to the market too. 
I mean, it is inevitable. However they do some things differently👇

1. Long term focus.

While most traders rejoice over short-term wins and break down over losses, profitable traders stay emotionally balanced.
Yunno, they treat both wins and losses as part of the process, they focus on long-term growth rather than short time or instant rewards.

In the end it isn’t about how much you can make in a day, it is about how long you can stay in the game while you consistently build and grow.

3. Risk management 

Profitable traders have mastered the art of risk management.
Risk management skill takes time to master most times as it is being affected by emotions at times too, but you just have to work towards wielding this responsible trading virtue.

2. Most traders jump from one strategy to another, by the way allowing their emotion get the most out of them. That shouldn’t be you.

You should;

• Master discipline
• Stick to an edge you’ve tested with
   time
• Manage your risk properly
• Treat trading like a business

And that’s how you should too. Prioritize calculating and viewing your growth, financial wise to be precise (capital or profits) over the course of weeks to, months or even a bigger time range, rather than seeking a profitable day out of luck 🤝