Yumi🌸 (@samuraipips358)

Let's properly understand "Expected Value," the absolute basic of probabilistic thinking 🧵 Probabilistic thinking is extremely important for traders. This time, I will explain "Expected Value" in detail. 🧵1/5 ...

Why Your “Improvements” Lead to Capital Decline🧵 This thread explains how losing consistency causes your capital to decrease. 🧵1/5 ...

Why do almost everyone fail in trading?🧵 Almost everyone fails in trading. What is the path to success that you should take to dodge that fate? 🧵1/8 ...

Is it good behavior to immediately move your stop loss to breakeven, or cut your losses early before your original stop loss is hit?🧵 I'll answer this frequently asked question. 🧵1/5 ...

Stop endlessly learning from losses 🧵 The "game of probability" involves an attitude of accepting randomness, adopted by "those who have already completed their learning", in order to bring reproducibility to that learning. 🧵1/5 ...

Make good use of your trading journal 🧵 Improvement to gain consistency begins with looking at yourself. ↓ Thread 1/5 ...

When you give meaning to one, meaning attaches to the other too🧵 Rejoicing when you win means sadness when you lose. Crucially, don't see wins as "good" or losses as "bad". Both are just single data points in your sample size. ↓Thread 1/5 ...

Four Fatal Habits Guaranteed to Fail 🧵 Are you guilty of any of these? If even one applies to you, stop immediately. ↓Thread 1/5 ...

The advice "Reduce your position size to suppress your emotions" is wrong🧵 Position size is a critical part of strategy. It is not something to be determined based on emotions. ↓Thread 1/5 ...