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Chart Fanatics ยท Intermediate ยท๐Ÿ“… Project Management ยท1mo ago

About this lesson

People Think Great Traders Are Systematic With Every Entry And Exit. Theyโ€™re Not. Theyโ€™re Systematic With Their Process. Their Preparation. Their Mindset. Their Risk Management. Because No Two Trades Are Ever Exactly The Same. Thatโ€™s Why Every Trade Needs Its Own Plan. Its Own Entry. Its Own Exit. The Best Traders Donโ€™t Force Every Setup Into The Same Box. They Let The Market Fit Their Process.

Full Transcript

People get it wrong, they think really good traders are very systematic. And sometimes they are in their execution. So for the most part, they're extremely systematic in their process [music] and extremely systematic in their mindset and their approach to trade. And they're really allowing the market to fit their system. They're not sitting there and saying, "I'm systematic in every exit [music] and every entry for every single trade." No, no. They have the right entry and the right exit criteria for each trade that they make. So each individual trade has its own structure because each individual trade has its own trading plan. >> And if you follow your plan, you're going to build a lot more confidence in your trading. You're going to move forward in the next steps [music] of your trading. And if you look at any of the great traders that you've had on the podcast, they [music] are so systematic in their approach towards the markets.

Original Description

People Think Great Traders Are Systematic With Every Entry And Exit. Theyโ€™re Not. Theyโ€™re Systematic With Their Process. Their Preparation. Their Mindset. Their Risk Management. Because No Two Trades Are Ever Exactly The Same. Thatโ€™s Why Every Trade Needs Its Own Plan. Its Own Entry. Its Own Exit. The Best Traders Donโ€™t Force Every Setup Into The Same Box. They Let The Market Fit Their Process.
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