🎉 Happy New Year to everyone, I share with you how my performance was in the month of December
What was the key to achieving those results?
📌 Patience:
The most important was patience, developing patience is undoubtedly something extremely complicated especially in these times where the world spins a thousand times a second
But, the word of God teaches us that patience is a fruit of the Holy Spirit, and this is the safest way to develop patience, basically trusting that God has given you the ability to understand the markets, to bear losses, and above all to manage your capital.
📌 Operate without greed:
Not expecting to get rich in a single operation, but rather accumulating small gains in several successful operations, greed breaks the sack and liquidates our capitals.
📌 Operate by knowledge and not by money:
When we operate out of the desperate need to generate income, we fall into emotional trading; everything is illogical and we want the market to always go where we think. But it is not like that; when we operate by knowledge, we accept our losses and know how to correct them. When you lose a trade and operate by knowledge, you actually win because you already know where you will not fail again.
📌 Maintain a single strategy:
Throughout my time dedicated to trading, I realized that 80% of the strategies are profitable, but it all depends on you and how you apply the strategy and above all if you respect the rules of that strategy. Master one strategy and keep it forever.
📌 Only risk what you are willing to lose:
I will give real examples; I invest between 5% and 3% of my capital per operation with a risk-benefit of 1/2. When you respect the rules of your strategy, and the win rate increases, your profits also increase.