Short aphorisms & market truths.
'Gut feeling' is nothing but the subconscious logic that you haven't been able yet to translate into words.
The superpower is not in becoming emotionless; the superpower is in feeling all emotions, but not reacting to them.
In the stock market, regret is as short-lived as a new year's resolution. While there's no point crying over a burnt toast, you can always remember to scrape off the black part.
With growing age &/or increasing trading capital, you would find your charts emerging from or taking supports at moving averages of progressively greater lengths.
Make a habit of following the system, & not take idiosyncratic decisions; the 'let's-do-this-&-see-what-happens' trades. Every loss must teach you something, & should not disappear in the ocean of random things that happen in your trading life.
If used in a consistent manner, indicators are quite an effective tool in themselves. But as the years go passing by, I find myself needing them less & less. In the end, all trading is just context & execution. But one has to go through the candy-shop to reach the other side.
Stock-hopping used to be my weak point. I'd often move out of a stock after it went nowhere, only to see it, "just a while" later, cruising past me. I then realised that time slows down when you're bored, because you're paying attention to time itself.
Everything works, as long as you do it consistently. And you'll do it consistently only when it is sustainable for your mindset. It's the synergy between your mindset & the strategy which makes it work for you.
The only real news is a black swan event. Other than that, all news is just an excuse for the market to go where it wants to go.
Only one person can save you from sabotaging your equity. Only one person. You yourself!
Life goes on in the search for what's to be searched. And it settles down in the realisation of the futility of all that was achieved.
There are two kinds of time in this life.
One is counted in minutes.
The other is counted in years.
The young don't have the minutes.
The elderly don't have the years.
The days keep growing longer.
The years keep falling short.
Using price levels as a stop loss is the core difference between a trader & an investor. If you use a stop loss to exit positions, you are a trader.
Just because a stock worked (or didn't work) is immaterial. What matters is whether it was your setup or not. Seek repeatability, sustainability & scalability.
Every unclenched grip makes room for a better next that was waiting just on the other side of letting go.
Good stock selection does 80% of the work, making trade management easy & risk management straightforward, but most traders spend 100% of their energy on the 20% that could have been avoided with better selection.
Changing your mindset from "will-this-stock-work" to "if-it's-a-leader-it'll-work" places the burden of performance on the stock & frees yourself.
If you can't earn money from the markets on your own, you won't be able to do it even with all the freebies distributed to you, & all the 'secrets' shouted to you from rooftops. It all comes down to execution & context. That's where the 'edge' is.