THE Biggest killer to your P&L....
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....Is mindset and over staking at low value odds (Fomo)...
... Discuss?As someone who has been there and got the T-Shirt in the past, I can say the above statement with confidence... Work on your trading mentality and look for value in the markets, wait for the odds to hit their target, cash out for smaller loses.. This will be the biggest boost to your P&L as far as I'm concerned. Strategies come second and of course I'm not dissing the ones on here but they can be paper traded if need be or test with much smaller stakes, my opinion is the biggest difference you can make to your P&L is psychology and value
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@stuart-capstick This needs to be on a bumper sticker
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@stuart-capstick said in THE Biggest killer to your P&L....:
Discipline + mediocre strategy > indiscipline + best strategy ever.
love that!
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Discipline + mediocre strategy > indiscipline + best strategy ever.
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@oliver-preen 100% agree that mindset is up there as one of, if not the most important factors in growth
