Kachi Seth
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kachiseth.bsky.social
Kachi Seth
@kachiseth.bsky.social
Financial Trader - Trading Psychology
Most traders are killed by losses.

They lose 1 trade, they risk more.

They lose 1 trade, they go all-in.

They lose 1 trade, they get depressed.

They lose 1 trade, they change system.
September 22, 2024 at 1:31 PM
If you're not successful yet:

Focus on 1 trading system.

Changing system every few losses is the fastest way to trading failure.
August 31, 2024 at 6:13 PM
Don't be afraid to lose.

35% win ratio + 1:3 RRR or 45% win ratio + 1:2 RRR is enough to be golden.

Fear of losing is worse than losing.
August 31, 2024 at 6:08 AM
Trading is the most individual business.

- Backtesting = Confidence
- Repetition = Discipline
- Meditation = Patience
- Believing in yourself = Persistency

It all depends on you.
August 31, 2024 at 6:07 AM
Hold onto positions backed by data.

Let go of positions backed by hope.
August 31, 2024 at 6:05 AM
Taking a loss instead of breaking your trading rules is a sign of maturity.

Trade. Win/lose. Repeat.
August 29, 2024 at 7:39 PM
Trading goals,

If you're not a successful trader:

Plan.

Backtest.

Study price action.

Improve your system.

Meditate.

Believe in yourself.

Successful trading is the reward of your daily actions.
May 17, 2024 at 11:53 PM
Analyse the market.

Execute on an edge.

Think in probabilities.

Regulate your emotions.

Accept any outcome presented.

Repeat 100x.

That's how you win.
May 14, 2024 at 10:55 PM
When you're going through a period of underperformance, the first drawdown you need to recover from is the one you're experiencing mentally.

Once you get back to emotional equilibrium, making money becomes far easier.
May 4, 2024 at 12:16 PM
Reposted by Kachi Seth
Trading is hard because you need to develop a deep understanding of 3 things:
- Your strategy
- The markets
- Yourself

Everyone focuses on first.
Few focus on the second.
Most neglect the third.
May 3, 2024 at 11:51 AM
Trading is hard because you need to develop a deep understanding of 3 things:
- Your strategy
- The markets
- Yourself

Everyone focuses on first.
Few focus on the second.
Most neglect the third.
May 3, 2024 at 11:51 AM
After 4-5 years...

Trading becomes automatic.

1) Spot a trade
2) Trade
3) Win/Lose
4) Repeat

You don't care about 1 loss.

You don't care about 1 win.

You care about monthly goals.

Weekly goals.

Yearly goals.
April 20, 2024 at 12:37 PM
Every day...

6-7 hours of patience.

10-20 min of fearless execution.

Wait for your trades.

Wait for your setups.

Execute like a sniper.

Successful trading is:

- 1% execution
- 99% patience

Don't be scared.
April 14, 2024 at 9:58 AM
If you want to be a successful trader,

Ask yourself:

- What are my entry rules?
- What are my exit rules?
- What are my best pairs/markets?
- What are my best days to trade?
- What are my best hours to trade?
- What is my risk per trade?
April 10, 2024 at 10:19 AM
Stop trading 50 setups.

Start focusing on 1 single setup.

You don't need to catch every market movement.

1 setup in enough to win big.
April 7, 2024 at 9:00 PM
Stop forcing trades.

Trading is:

- 90% patience
- 10% execution

If you can't wait for your trades, you will never be a successful trader.
April 7, 2024 at 8:59 PM
You become very dangerous when you learn how to trade fearlessly.

Confidence makes you unstoppable.
April 7, 2024 at 8:58 PM
Trading's downsides:

1) Loneliness
2) Emotional pain
3) Long time to overcome the learning curve

1) Loneliness

- No support
- Everyone call you crazy
- No one understands you

2) Emotional pain

- Fear blocks your actions
- Greed steals your money
- Failure makes you give up
April 7, 2024 at 8:53 PM
The hard part of trading isn't finding a good setup.

It's staying calm while you are executing the good setup.
April 2, 2024 at 12:47 AM
90% of your fear of losing can be destroyed just by reducing your risk.
April 2, 2024 at 12:46 AM
People don't realize how much mental strength it takes to become a successful trader.

Control greed when you're winning.

Control fear when you're losing.

If you can do that, you can do anything.
March 9, 2024 at 12:56 AM
If you're not successful yet,

Stop reading and start trading.

1) Study
2) Practice
3) Make plans
4) Review your trades
5) Plan your next trades
6) Invest in yourself

Weekends are the best way to improve your trading.

Trading success is not cheap.
March 3, 2024 at 7:38 AM
A trader who can stay calm after a loss is a confident trader.

Stop focusing on 1 trade. Start focusing on 1000 trades.
February 27, 2024 at 9:23 PM
In trading,

Patience is power.
February 27, 2024 at 9:22 PM