Notes
- Successful traders know how to remain calm, manage stress, and avoid impulsive actions.
- Michael recommends Lucinda Basset’s course on managing anxiety, describing it as essential for traders.
- Controlling your breath and being aware of your body’s reactions can help counteract the physiological effects of anxiety, particularly during stressful trading situations.
- Success in trading is not about always being " right " but managing risk and controlling our emotions.
- Each trader must create their own trading models (strategies) and avoid chasing prices based on emotional impulses.
NQ - Weekly IFVG
NQ - IOFED Trade Example
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