Jul 15 • Trading Strategy
💵 New Traders. Stop Obsessing Over Your P&L!!
Your account balance is an outcome.
Your process is what creates the outcome. My rule # 2 is DO NOT FOCUS ON THE P&L WHILE TRADING
MY RULE #20 is Get good with one strategy
Last year I had one of the biggest melt downs of my trading career, because I kept focusing on the money. When I focused just on my P&L, I actually abandoned my strategy that I worked on for years.
Instead of asking:
"How much did I make today?"
Ask:
✅ Did I wait for my setup?
✅ Did I understand the market structure?
✅ Did I enter where my plan said to?
✅ Did I manage risk correctly?
✅ Did I follow my rules?
Focus on becoming an excellent trader—not just making money.
The profits will follow good habits.
👇 Be honest:
Which do you struggle with more right now—patience, entries, exits, or risk management?
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💵 New Traders. Stop Obsessing Over Your P&L!!
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