This week my Twitter audience shot past the 10k mark.
For this occasion, I’d like to share 40 of my most recent Tweets.
I like to use Twitter as a medium to think out loud on trading, or life in general.
Sometimes, the tweets turn out good, but sometimes not so much. I always feel it’s difficult to make sense in 140 characters (the maximum allowed), yet, paradoxically, I like the platform precisely for that very reason – it’s simple and straight to the point.
All in all, I write in all good faith, to share my hard earned lessons based on the knowledge I have gained throughout the years.
Sharing also helps me with accountability — it forces me to live by my own sayings.
These tidbit thoughts and many others are available in my new book The Little Book Of Calm Trading.
Without further delay,
[Tweet “40 Solid Tweets For Traders That Will Make You Think”]
1.
Learn to observe and trade the market as it is and don’t pay attention to other people’s opinions. They don’t know any better.
— Trading composure (@yvanbyeajee) September 16, 2017
2.
Never let a desired monetary goal make you forget to follow your rules.
— Trading composure (@yvanbyeajee) September 15, 2017
3.
Your account’s short-term fluctuations doesnt say anything about your long-term performance. Let go of the obsession. Trust your process.
— Trading composure (@yvanbyeajee) September 15, 2017
4.
One of the best ways to make quick progress is to not slip into the default mode of measuring and comparing your life to others.
— Trading composure (@yvanbyeajee) September 15, 2017
5.
We all see the world through the prism of our identity. If our self-worth is low, it affects everything we do… including trading.
— Trading composure (@yvanbyeajee) September 15, 2017
6.
Don’t just read books, articles, share quotes, watch videos… If you want to get better at trading, you need to have skin in the game.
— Trading composure (@yvanbyeajee) September 15, 2017
7.
The most successful path to mastering anything is to practice for the sake of the practice itself, not for the result.
— Trading composure (@yvanbyeajee) September 15, 2017
8.
Think carefully about how u spend ur life. People often spend their lives chasing things that are not as important as they seem.
— Trading composure (@yvanbyeajee) September 14, 2017
9.
Discipline means adopting a kind of constancy that is independent of the kind of day you had yesterday & the kind of day you expect today.
— Trading composure (@yvanbyeajee) September 14, 2017
10.
Everything that happens in the markets is impersonal. Nothing actually happens to YOU as a person. So you are free to choose how you react.
— Trading composure (@yvanbyeajee) September 14, 2017
11.
When you do technical analysis, be careful not to project what you want to see on the charts, instead of opening your eyes to what is there.
— Trading composure (@yvanbyeajee) September 14, 2017
12.
The nature of trading makes it an emotionally charged game. Emotions never go away. Over time, we just learn to deal with them.
— Trading composure (@yvanbyeajee) September 14, 2017
13.
If your risk exposure is too big, your decisions will be driven by fear rather intuitive experience, or the rules set forth in your plan.
— Trading composure (@yvanbyeajee) September 14, 2017
14.
Trading can be easy. The real problem is the worrying, the expectations, delusions, the inability to let go… For those reasons, it’s not.
— Trading composure (@yvanbyeajee) September 13, 2017
15.
Trading is like professional athleticism. You must come to enjoy rigorous practice, pushing past your limits, & resisting the easy way out.
— Trading composure (@yvanbyeajee) September 13, 2017
16.
If you haven’t noticed, trading is mostly waiting. You’ve got to relax, let things happen.
— Trading composure (@yvanbyeajee) September 12, 2017
17.
If winning trades give you a buzz and losing trades make you depressed, you belong in a casino.
— Trading composure (@yvanbyeajee) September 12, 2017
18.
Negative emotions will not only harm your trading performance. Over the long run, they’ll damage something much more valuable — your health.
— Trading composure (@yvanbyeajee) September 12, 2017
19.
Trade your rules, not your whims & fantasies. Because rules allow for consistent results.
— Trading composure (@yvanbyeajee) September 12, 2017
20.
Losses are common. They happen all in time in trading. What’s not common is when one chooses to see them as learning experiences.
— Trading composure (@yvanbyeajee) September 12, 2017
21.
Sometimes the markets can hand u strings of losses, but on this path to consistent profitability, if u follow your plan u’ll walk in peace.
— Trading composure (@yvanbyeajee) September 11, 2017
22.
Trade well and follow your plan from the beginning and then there will never be any need to look back with sadness, frustration, and regret.
— Trading composure (@yvanbyeajee) September 11, 2017
23.
The market does not hurry. It moves at its own rythm, on its own time. Be patient. Let it do its thing and strike when the time is right.
— Trading composure (@yvanbyeajee) September 11, 2017
24.
Tensions ease when you realize what truly matters in the markets. Trade simply. Let go of the complexity.
— Trading composure (@yvanbyeajee) September 11, 2017
25.
Ego, strong opinions, emotions stand in the way of good trading.
— Trading composure (@yvanbyeajee) September 11, 2017
26.
If you’re a bad loser, you should work on that first before you try your hand at trading. This game is all about losing graciously.
— Trading composure (@yvanbyeajee) September 9, 2017
27.
As soon as you enter a trade and genuine release your expectations about that trade’s outcome, you become free. You can’t suffer anymore.
— Trading composure (@yvanbyeajee) September 9, 2017
28.
Great traders have realized the damage that excessive attachment can do to their trading account and their overall well-being.
— Trading composure (@yvanbyeajee) September 8, 2017
29.
Before you trade, consider the hidden costs of not following your plan: time lost, money lost, emotional instability, more trading errors…
— Trading composure (@yvanbyeajee) September 8, 2017
30.
You may follow your plan, but you are never sure if your efforts will pay in the short-term. Good trading requires a longer term view.
— Trading composure (@yvanbyeajee) September 8, 2017
31.
Your thinking mind and your emotions can deceive you. Your trading plan is always right.
— Trading composure (@yvanbyeajee) September 8, 2017
32.
Great traders are great because they are great in behavior, not because they successfully rode this trend, or profited on that trade…
— Trading composure (@yvanbyeajee) September 8, 2017
33.
If the reliability of your trading system is based on weak evidence, you’re going to have a hard time being profitable.
— Trading composure (@yvanbyeajee) September 7, 2017
34.
It’s you against yourself. Not others. Not the market. Realize this.
— Trading composure (@yvanbyeajee) September 7, 2017
35.
Stop intellectualizing everything. When you get a signal, take it. When your stop loss is hit, get out. That’s all there is to it!
— Trading composure (@yvanbyeajee) September 7, 2017
36.
Deluded people don’t realize that their own mind is causing them to lose in the markets. They keep searching for solutions outside.
— Trading composure (@yvanbyeajee) September 7, 2017
37.
Trading is ALL process! You show up day after day after day, and you FOCUS on the PROCESS! That’s ALL there is to it.
— Trading composure (@yvanbyeajee) September 7, 2017
38.
Dont shy away from losses. Just make sure they’re small so that you can stay in the game long enough to learn and grow stronger.
— Trading composure (@yvanbyeajee) September 5, 2017
39.
Behavioral problems, not technical knowledge, are what separate the amateur traders from the pro-traders.
— Trading composure (@yvanbyeajee) September 5, 2017
40.
Over the course of history, human behavior has changed, but not human nature. That’s why you see repeatable patterns in the markets.
— Trading composure (@yvanbyeajee) September 4, 2017
These titbit thoughts and many others are available in my new book The Little Book Of Calm Trading.