The silent money killers

Warren Buffett once likened bad habits to a subtly growing chain.

Easy to put on, but difficult to remove once you notice how big it is.

That's why I'm sharing a guide on unlearning overtrading and mastering reentries,

The cornerstone of profitable trading.

There's a reason good habits and good trading psychology go hand in hand.

Increasing your control can give you the right mindset over many aspects of trading.

Reentries can be your downfall turning you into a gambler if unchecked or done incorrectly.

They can easily make you more impulsive and susceptible to fomo.

Refusing to let go of the setup that's gone.

You need to be real with yourself and understand your bias.

Otherwise, you will ignore clear signs telling you to not engage.

Slowly trading focus for hope and clarity for confusion.

But there is a way to trade reentries without embarking on the path to blow up your account.

It's simple but not easy.

Be disciplined to trade a strategy with multiple factors that confirm your reentry.

Treat the reentry as a new type of trade that needs its own confirmation or 2.

You were right once but that's in the past.

Be stoic enough to not let that confidence get in your head.

Most importantly, slow down.

Most traders rush to open a reentry because they already missed one chance.

The answer isn't to scramble and just force open an order.

Breath,

Relax,

Analyze and execute.

Remember who you want to become.

That's the difference between trading and gambling.

Of course, if you'd like to know about a secret indicator for reentries we have a video on that too.

Click here to learn more about it and how we execute our reentries.

Reply

or to participate.