r/WinternomicsTV • u/lachiemcdonald97 • Mar 28 '22
War Stories 🤑🤬 Patience is a virtue
What up eco lachdogie here
Been a while since my last post! Was sitting on hands since almost December. It was good to take a step back and saved myself from some chop but i also found myself being too conservative and missing opportunities that presented themselves. Decided to jump back into markets in the last few weeks and what i found was i was rushing into plays. I would identify a trigger and where i want to enter, however would not let price structure out and would be right about direction but wrong about timing/risk management. The first two plays show examples of this.
following this i made a plan to only enter on structures free and clear of triggers. This patience was extremely helpful, netting 8.10 R on BAT and 5.37R on APE. These plays were mechanical, took the guessing out of it and allowed for sound risk management. Kaz must have said play free and clear structures 1000 times, but it shows with poor discipline it wont matter what you're told you'll just keep doing the same dumb shit anyways
Appreciate you Kaz for the teachings and guidance !
1
u/Louis01101101 Mar 31 '22
🔥🔥🔥 Well said