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Writer's pictureUriwolfgang

What are some elements of good trading?

Good trading is the peculiar balance between the conviction to follow your ideas and the flexibility to recognize when you are wrong. You have to believe in something, but at the same time, you will be wrong a fuck ton of times. The balance between confidence and humility is always learned through extensive experience and mistakes. Always. You should have respect for the opposite Degen across from you on the other side of the trade. Always ask yourself: Why does this bozo want to sell? What does he know that I don’t know? You have to stay intellectually honest with yourself so that you can perform at optimal performance both mentally and emotionally to win at this game.

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