Tune in as Bryce explains why you shouldn't feel bad about missing a trade.
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🚀Join Small Cap Rockets: https://StocksToTrade.com/small-cap-rockets
🚨 Follow Bryce Tuohey on Twitter: https://twitter.com/TraderBryce
⭐️ Check out the SteadyTrade Team: https://StocksToTrade.com/steadytrade-team
⚠️ (**Results not typical or guaranteed. Past performance is not indicative of future returns and financial investing is inherently risky.)
What's going on traders, this is trader. Bryce new hat got it at a family christmas party as a present, so i'm wearing it kind of like it. I like the flannel anyways today's tui tip for two tip tuesday. Guys is all about over trading.
Now. This is something that i'm really struggling with in this market and the reason being is because a lot of these setups look great. A lot of my multi-day setups are looking phenomenal. However, just because things look good does not mean you need to take them.
Wait for that confirmation and a lot of times, that's my biggest problem. Is i'm not waiting for that confirmation for me in this market? That's volume, the charts that might look good and go through a price level - that's all great, but if the volume doesn't come in for me personally, i shouldn't be taking that trade and that's probably one of my biggest struggles, don't feel bad about missing a trade in This market, it's a lot better to miss something than to trade, a bunch of things poorly, so yeah do whatever you cannot to over trade and only focus on the best of the best i'll see you back here on thursday for tui tip thursday.
Thank you buddy, Slim_pickins here!
to me its like IF you are wealthy enough then go live life and only trade the A+ otherwise youre just bored and gambling , but if you are not wealthy enough you need to have a part time job so that you wont be scared to use size when those A+ setups do roll around bcuz its not easy to sit around all week and take size on that one trade..
Good advice. I also overtrade. That is my new year’s resolution to fix 🙂