Over the years, I've learnt some hard lessons in a costly manner. Let me break it down to the new guys.

1. Avoid celebrity traders posting P/Ls everytime.

• This is by far a huge disease & problem in the industry. Alot of beginner's are attracted to the markets & dive in head first with no education or practical tools required to be a profitable & most important a CONSISTENT trader.
• The P & L screenshot is a virus that will increase your expectations of the markets & definitely cripple you in the long run.

1. Strategy hopping is a rabbit hole you don't want. There is no holy grail strategy.
2. I personally got stuck here and would have probably saved a few years of my time if I had Just picked and practiced

3. take note, having an edge requires hours of practice over different market cycles so be patient and get it done. That's the only way.

4. There is no perfect trade.

5. Bruce Lee says "I fear not the man who practiced 10000 kicks once but the man who practiced 1 kick 10k times"

6. Get this tattooed in your brain, your job is to take the same trade over and over again. That's how you refine & get an edge.

7. Consistency & Risk Management is optimal.

8. it's a game of probability, 2R with a decent win rate you will be good over time.

9. keep the same risk & never be over confident, the market will humble you real quick.

10. Small daily rewards compounded will yield great rewards. -0.1% per Day compounded over time is great.

11. imagine that in a funded account.

12. If you cant manage the small account, you surely won't be able to manage the big ones.