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yourdailytradingcoach yourdailytradingcoach

102 posts   7890 followers   12 followings

Become your own #tradingcoach  ๐Ÿ”‘ Daily trading insights that improve your trading. ๐Ÿ‹๐Ÿฝ Build upon strengths and overcome weaknesses. โ˜˜ Make change happen, not just let it happen.


Find experienced traders who will not be shy in telling you when you are making mistakes. In their lessons, you will learn to teach yourself. #tradingcoach #tradingtest

Back at it again!
Test your skills and comment your answer!

A. It guarantees success.
B. It reduces stress.
C. It allows you to separate analysis from trading.
D. It makes you less prone to react to the market's zigzags.
#tradingtest #tradingcoach

Great @jfxtwkid ๐Ÿ˜€
Even the most experienced professional traders knows at what level he/she will exit a trade that is going against him/her.
A stop is every trader's link with reality. So always use one!

There won't be a question #12 tonight, but tomorrow is the day you trading geniuses can crack your brains again. ๐Ÿ˜‰ Enjoy your weekend!
#tradingtest #tradingcoach

Your losing trades and losing periods are your trials by fire that build resilence and confidence. #tradingcoach #tradingtest

What's your answer? Comment down below to test your trading knowledge.

A. Only for experienced traders
B. More profitable
C. A way to be more flexible
D. A gamble
#tradingtest #tradingcoach

Good job guys @faedertrader & @mbconsultancy ๐Ÿ‘๐Ÿผ
You need indeed 3 tops or bottoms to confirm a trend line.
To draw one, you need 2 tops or bottoms.
#tradingtest #tradingcoach

'This, then', is the secret to formulating trading rules, whether they relate to entries, exit, position sizing, stop-losses, diversification, or idea generation: whenever you write down the rule or mentally rehearse it, make sure that you are emotionally connected to that rule.
Make yourself relive situations in which you've violated the rule. Focus your attention on successful episodes of trading in which you followed the rule. Make the rule more than a guideline; it should represent belief and conviction.
How I say: the best rules feel like a must, not a should.
#tradingcoach #tradingtest

What's your answer? Comment down below to test your trading knowledge.

A. 1 top or bottom
B. 2 tops or bottoms
C. 3 tops or bottoms
D. 4 tops or bottoms
#tradingtest #tradingcoach

The sheer volume of information available to us is so immense that no human can process everything.
We become consciously aware of only a small part of market information.
Trading systems have their advantages, but it would be a impossible task to switch off our personal psychology, in the markets or anywhere else.
#tradingtest #tradingcoach

The personality of the market must fit with the personality of the trader.

What you trade and how you trade should be an expression of your distinctive cognitive style and strengths.

One theme that emerges from the experienced traders is that they know which pitches they hit, and theyโ€™ve learned the value of waiting for those pitches.

#tradingcoach #tradingtest

Correct answers get featured!

A. If you set your technical system just right, you don't need to worry about psychology.
B. The mind of a trader continually filters the incoming information.
C. Wishful thinking causes traders to "see" non-existent technical signals.
D. A bullish trader is more likely to overlook sell signals.
#tradingtest #tradingcoach

A typical beginners' mistake is to overload their toolbox and misuse the tools at wrong times to confirm their preconception.
It would be better to limit yourself to a small number of well-tested tools, but which tools are used may vary among different traders.
#tradingtest #tradingcoach

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