After digging through 5+ years of track records
I discovered 3 common factors that made up 90% of my trading losses
I was either:
- Trading without a system
- Stressed about bills
- Or under-slept
At my lowest point in 2022, I trading 40 hours a week by hand.
And I was losing money (-$5k to -$10k a day)
My hair was falling out, and I was stressed out of my mind
So to solve this, I made the firm commitment to:
- Only trade with emotionless algorithms.
- Fix my sleep schedule so that I can make better decisions.
Now I spend 5 mins a day checking in on the algos.
And I don't stare at charts or trade by hand anymore.
The performance flipped 180 degrees.
So if I had to start trading from ground zero I would:
- Trade systematically (no more manual trading)
- Have another source of income
- Get 7+ hours of sleep at night
How to fix your sleep:
- Turn the temp down to 65 degrees F at night
- Keep screens out of the bedroom
- Pitch black room
- Go to bed by 10PM
- Get sunlight in the morning
Resources:
As promised, money in under 5 minutes.
Keep crushing,
Kevin