3 THINGS TO DO WHEN YOU WANT TO "SWIM WITH THE SHARKS"
The market doesn't hate you.
It just doesn't care whether you survive or not.
Sharks create waves.
Small fish panic... and then die on their own.
Smart traders don't try to beat the sharks.
Just make sure you're not in the wrong place when they hunt.
To survive, remember these 3 things:
1. Know who you are
You are a retail trader, with no information advantage.
→ Don't trade on gut feeling
→ Don't bet big because of ego
→ Don't try to prove you are right
2. Know where you are
It's not a bad market, it's that you're in the wrong place.
→ Big waves: don't scalp
→ Sideways: don't go all-in
→ News: don't show off your skills
3. Know when to go with the herd
Going with the herd means following the big money.
→ Don't try to catch the top or the bottom
→ Don't trade against the trend just to be different
→ Don't enter when the market avoids risk
Small fish survive not because they are better.
But because they go at the right time, in the right direction.
The market is always there.
Opportunities are only for traders who are still alive.
