How To Trade Like A Lion ( As A Beginner In Crypto Currencies Trading And Forex markets )

How To Trade Like A Lion (As A Beginner In Crypto Currencies and Forex Trading Markets )

“A lone lion usually has a hunting success rate of only 15%. Though during a night hunt, their success rate can climb over 40% .
In areas with tall grass, they manage a success rate of over 50% because they are able to get much closer to their prey before striking.

In other words they manage their risk, trade their edge, and once in the trade go for the jugular.”

Hmmm….. Does that not sound familiar?

Even though lions are the king of beasts, when hungry they do not run out onto the savannah and chase their prey randomly thinking that they will just chase it down and get their dinner.

Lionesses hunt in packs and only go after the weakest wildebeest in a herd.

They have a huge amount of patience waiting and watching for hours to find the best opportunity of chasing down prey that they can catch.

They look for a high probability of successes before they give chase.

The young, the slow, the old, or the sick are all their best candidates for dinner.

They do not waste time and energy in low probability chases, they strike where they have the greatest advantage.

Individual traders have the edge of choice and waiting, while the big money funds have the pressure of putting capital to work and monthly performance for their investors.

Also mutual funds have to be close to fully invested most of the time and have to diversify themselves into oblivion not really getting much bang for their buck on any one position.

We do not have the same pressures as beginners in crypto currencies and forex trading markets.

We can wait, we can be patient, we can strike only when we have the most advantage and best odds of being right.

We can trade like a lion hunts so we don’t end up being the weakest wildebeest ourselves !!!

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—-For Analysis

—-Two daily signals

—-You need to plan your trades always before you execute them.

You have to make sure you stick to your rules without violating a single rule.

This is by ensuring you have a trading plan.

Remember every strategy has got its own rules.

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☺️ Trading sometimes will kill your psychology so badly it will take you years to recover.

Remember all that NEW FOUND fear is stored in your subconscious.

You will associate trading gold with the loss you took for CPI, for example.

Your fear will prevent you from taking profitable trades in the future.

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Avoid trading news.

Don’t be a statistic.

Have you had friends who quit trading and even if you put a gun to their face they will never return to trading again?

99% took a huge loss and psychologically they have never moved on from it.

Their ego got so hurt badly that their subconscious minds registered it as a catastrophe.

Their subconscious minds associated this loss with the same energy like the death of a loved one.

Those who have lost a loved know that you can never move on.

So don’t trade news or you will retire unwillingly.

Stop breaking rules, start trusting your system.

Stop forcing trades, start waiting for your system.

Stop hesitating, start being ruthless with your system.

Your system is your most important trading weapon.

Grind and kill it quietly.

Resist the urge to show off.

Resist the temptation to prove a point.

Ego is the reason why many traders won’t last in this market.

Because the market will humble any height of arrogance and then send you back to your village or worst still send you to the construction site for hard labor.

This market will punish any impatience, greed, indiscipline, and ego.

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The best traders have no ego.

You have to swallow that ego and close those losses.

Just close them.

At any given time in the market, you can either:

Buy, sell, or do nothing.

Don’t underestimate the power of do nothing.

You don’t have to force trades just because you’re bored or feel a need to be involved.

And at the end of it, give yourself time to connect with your soul.

Write something in your trading journal book.

What is affecting your trading outside trading?

-Are you always late?

-Do you have fear of entering trades?

If so?

Why is that?

Write it down.

-Don’t fear yourself.

Then after that look yourself in the mirror and affirm and call yourself a winner.

Crush those inner demons in your head.

Silence them.

THIS IS HOW YOU BEGIN CONQUERING YOUR MIND AS A BEGINNER IN CRYPTO CURRENCIES AND FOREX TRADING MARKETS.