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InvestCEO with Kyle Henris

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19 contributions to InvestCEO with Kyle Henris
Happy birthday Coach šŸŽ‰
Please wish a very happy birthday to our very own @Matt Wedan!! Appreciate ya coach šŸ’Ŗ
1 like • 21d
Happy birthday Matt!
šŸ’”Workshop Moments To Remember šŸ’”
What was your #1 light bulb moment from tonight's workshop lesson?
šŸ’”Workshop Moments To Remember šŸ’”
1 like • Jul 8
The end goal is to make more income to funnel into investments.
3 likes • Jun 6
More reason to learn skills that can provide income regardless of what’s happening
Logging trades helps me handle losses
Something I learned this week that I wanted to share: logging all my trades really helps me handle losses. I had a couple losses in a row and was feeling a little bummed. After I finished logging my trades, I looked back at the past couple weeks and at the calculated profit ratio for all my trades. When I saw my profit ratio was still above 2:1 and my account was still in the positive I was reminded that losing trades is part of the strategy and I’m still on track. It really helped me look at the bigger picture and reset my mindset!
You must first become consistent before you can become exceptional
Everyone wants the ā€œexceptionalā€ result. Thats why all of you are here. But have you done the consistent work required to achieve that result? Have you… - Went through all of the course material OR did you pick and choose… - Logged every single one of your trades OR only the ones where you were ā€œseriousā€ā€¦ - Made a plan each trading day OR sometimes made a plan, other times skipped it because you ā€œdon’t have timeā€ā€¦ - Reviewed and practiced on replay each week OR only every other week when you feel like it… - Let trades play out to profit or stop loss OR randomly moved stop losses/targets depending on how you’re feeling that day… There are no substitutes for consistency and time.
You must first become consistent before you can become exceptional
2 likes • Jan 14
@Ryan Flowers I’ve sized down my position before when I was feeling afraid of losing. With a $2,500 drawdown I was risking $125 per trade. Knowing I could go 20 losses in a row really helped me be ok with letting everything play out. After getting past that I’ve gone back up but still only to $250 so I have room to breathe. Also remembering Kyle’s analogy to baseball: only getting a hit 30% makes you a great hitter because hitting is hard. Trading is also hard and losing trades will always be part of it.
2 likes • Jan 14
@Ryan Flowers yeah I pretty much always do micros. I’m still relatively new but I haven’t ran into many trades that large using the superman strategy. If I do I just skip it.
1-10 of 19
Logan Wells
3
9points to level up
@logan-wells-4068
Software developer learning how to day trade so I can change my financial future.

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Joined Nov 11, 2024
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