cover of episode 062: what’s more important being right or making money?

062: what’s more important being right or making money?

2024/5/29
logo of podcast AntiVestor - Trading The Stock Market & Income Trading

AntiVestor - Trading The Stock Market & Income Trading

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Ep062: what’s more important being right or making money?

  Connect with Phil on LinkedIn - here) https://www.linkedin.com/in/mrphilnewton/   For Anyone Looking To Collect Daily Income From The Stock Market   New System Reveals A Counterintuitive Approach That Generates 3 - 5 Income Cheques Every Single Week.   Without Chart Watching For Hours. No Discretion. 100% Mechanical & Rule Based. Zero Stress.  

✅ - SPX Trading & Swing Trading Mentor -  https://antivestor.com/fast-forward-invite)

 

✅ - Swing Trading Stocks & Options - https://antivestor.com/production-line-trading)

 

Looking for the Trader community? - Come hang out ✅ -  Slack Group - https://antivestor.com/slack) ✅ -  Facebook Group - https://www.facebook.com/groups/antivestor)

 

Free Traders Cheatsheet & Video Training https://antivestor.com/traders-cheatsheet)

 

Talks about #daytrading #swingtrading #stockmarket #futurestrading #stocks #spx #markets #trading #investing #stockmarket #futures

  TLDR Summary

  • 💡 It’s better to make money in trading than to be right.
  • 🎯 Focus on rule-based systems to eliminate guesswork.
  • 📉 Manage emotional impact by adjusting position size.
  • 💪 Exercise and meditate to manage stress.
  • 🚫 Reduce FOMO with mechanical trading approaches.
  • 📚 Learn from the Turtle Traders' success.
  • 🧘‍♂️ Separate self-worth from trading performance.