Adeyemi | Steadypips

NFP data would be out in few hours. What's your take?

There is no such thing as a perfect trade, but there is a trade well-executed!

The amount of discipline you need to make it as a trader is unfathomable.

Trading can expose how much of your self-worth is connected to being right. You make a prediction, the market disagrees, and suddenly it feels personal. Learning to separate your ego from your analysis is a big step.

90% of traders would succeed if they just trusted their plan and not their emotions!

Nobody tells you this about trading ...but I will. You can spend years learning how to trade and still never become a consistently profitable trader. I know because I've been there. 13 years of trading. Multiple blown accounts. Thousands and thousands of trades. And one of the hardest things I've had to accept is that knowing what to do and actually doing it are two completely different skills. Think about it. You know you shouldn't chase. You chase anyway. You know you should cut your losses. You hold and hope. You know you should stop after three bad trades. You take a fourth. You know you should wait for your setup. You convince yourself otherwise. And when the day is over, you look back at your trades and wonder why you did the very things you promised yourself you wouldn't. Sound familiar? Here's something I've learned: Most traders have an execution problem. And more knowledge won't necessarily fix it. You can do all the extra work. Watch videos. Read books. Take notes. Study charts. Evaluate your trades. Adjust your strategy. You can do everything you're supposed to do. But none of those things guarantee you'll follow your own rules when it matters. That's something you have to learn to do yourself. Here are a few things I've learned along the way: Sitting out is perfectly fine. Honor your stop loss. Never average down unless it was part of your plan before entering. You don't need to make money every day. You do need to protect your capital every day. The market moves every day. Not every move is meant for you. And here's perhaps the most important one. Don't lie to yourself. You have rules, right? Then follow them. Every time you break a rule and justify it, you make it a little easier to break it again. Do it enough times and it becomes a habit. And habits are hard to break. So start rewarding yourself for the things that actually matter. For making a plan. For following your rules. For honoring your stop. For sitting out when nothing looks right. For walking away when you've had enough. Even on days when you lose money. Because those are the behaviors that build discipline. And discipline is what gives you a chance to survive long enough to become consistently profitable. I've spent over a decade learning how to trade. And perhaps the biggest lesson has been this. You don't become a disciplined trader by making money. You give yourself a better chance of making money consistently by becoming a disciplined trader.

Avoid impatience at all times.

Good Morning! The market doesn't owe you a trade today. You don't owe it one either. Seems like a healthy relationship.

As a trader you won’t become profitable when you’re ready, you’ll become profitable when you’re disgusted. Disgusted at your lack of patience, emotional control and money lost. You have to reach rock bottom before your breakthrough comes.

FOMO is basically watching somebody else's trade make money, and then volunteering yours as tribute. Hard pass.

The market doesn't know where you bought. It doesn't know how much you're down. And it certainly doesn't care when you want to get back to breakeven. Your entry price matters to you. It means nothing to the market. Don't let it dictate your next decision.

Dear trader, You don't need to make money every single day. Some days, your setup won't appear. Some days, your trades will lose. Your responsibility is to execute a tested strategy with discipline, not force the market to pay you.

Trading is about what you do between your best trades.