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How do you constantly update your game and become a better trader?
Alex breaks down his top recommendations for junior and senior traders to maintain and develop a trading edge that grows over time.
KEY POINTS:
- Understand the stages
- Work on your ability to cultivate state awareness
- Note which state requires different skill sets
- Waiting for the next state could bankrupt you in the process
- Document the environments
- Develop permeable membranes between states
Don't wait for things to get better, keep working to find edge now!
Document and track what you experience in the markets now because you never know when things may come back into play later. Play for the long game!
And always remember the practices that got you to success:
- Remember your beginner's mindset
- Constantly question your trading
- Maintain your practices and build your program of patterns
- Double down when the going gets good again (and don't get lazy when it's tough)
- Loosening your expectations
Your edge is your learning architecture. So how effective is your learning strategy?
Aim to learning between states. When you think you "figured it out" and then see that you haven't... Remember that you're playing for the long game and to keep learning.
Keep learning. Keep persevering. Keep persisting.
And always maintain the practices that got you successful.
#TradingEdge #DayTrading #Trading
Axia Futures engages in Developing World Class Traders Globally.
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Contacts:
Demetris Mavrommatis - Co-Founder, Head of Trading
Alex Haywood - Co-Founder Head of Strategy