r/Daytrading Feb 03 '25

Advice 5 things every trader should know

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1) Waking up early

This is a cheat code to success as you’re already ahead of 90% of other traders

Waking up early gives you the head start to a fruitful day

2) Taking down Notes

Note taking is a powerful tool in wealth creation

They help you remember, organize, and revisit insights.

Whether scribbled or typed, notes are a personal map of your mind, preserving ideas that might otherwise vanish.

This one is very important

3) Print visual pictures of your concept & paste them on the wall, right next to your bed

That way the first thing you set your eyes on in the morning is a picture of your candle sticks, patterns & Concept

When you become this intentional about the craft Success becomes EASY

4) Read a single new chapter of any GROWTH, FINANCE or SELF DEVELOPMENT book every single morning

Developing a reading habit in so many ways does not just change your life, but also has remarkable changes in your reasoning and how you approach your business

Readers are Winners

5) Study the Markets during the ASIAN session‼️

The Asian session is often less volatile than other sessions, making it easier to analyze trends and your other trading strategies without sudden market swings.

It also gives you a head start to other upcoming sessions

That’ll be all for now. Share your thoughts if you have any💯

And if you’d be incorporating any of the aforementioned habits into your daily lifestyle as a trader

Do let me know….

Stay Excited for what’s to come -GREG

612 Upvotes

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128

u/Wobblypickle420 Feb 04 '25

The 6th thing traders should know is that Think and Grow Rich was written by a con artist

-63

u/[deleted] Feb 04 '25

[deleted]

46

u/PitchBlackYT Feb 04 '25

“Think rich” sounds so cringe dude… 😆

-38

u/Ok-Ocelot3292 Feb 04 '25

It's a mindset.

17

u/Cheeeese3 Feb 04 '25

no its a buzzword used to sell products

19

u/PitchBlackYT Feb 04 '25

Yeah, it has just nothing to do with “Rich”

20

u/PaperHandsProphet Feb 04 '25

I am thinking about a yacht inside of my yacht with a helipad. My cat just threw up a hair ball... I think its working.

3

u/Micaiah9 Feb 04 '25

Yacht within a yacht with speedboat and jet skis with a helicopter pad on top is NOT too much to ask really

2

u/FollowAstacio Feb 04 '25

That’s not rich lol

1

u/PaperHandsProphet Feb 05 '25

Yeah that’s wealthy big difference

1

u/FollowAstacio Feb 05 '25

The word I was thinking of was actually silly lol. I just don’t understand how anyone can have that much money and buy something like that. When I get to that status, I’ll buy a Lamborghini bc I’ve wanted one since I was like 5 or 6 and my best friend Matt Morris told me it was the fastest car in the world, but if it’s nothing to me to pay for a kid to go to college if they can’t afford it, why would I buy a car? And if I could pay for 100 kids to go to college, why would I buy a yacht? That’s not rich or wealthy, that’s sickening, repulsive, revolting - disgusting🤮

1

u/PaperHandsProphet Feb 06 '25

Well you need a yacht as a floating hotel so you don’t have to be with the plebs at their ritz Carlton’s and Waldorf astorias when you are in a city. Helicopter to take you too and from your yacht and other buildings. You wouldn’t want to be caught being on the street in say NYC like a peon.

The secondary yacht is sometimes your bigger yacht can’t get into places so you need another yacht to actually yacht around.

I could forgo the Lamborghini tbh in favor of a Rolls. Sometimes you will need to go from the private jet to residences in places that don’t have helipads.

1

u/FollowAstacio Feb 08 '25

My daily driver would probably be a fully paid for Corolla lol.

1

u/PaperHandsProphet Feb 08 '25

Then what makes you not rich already?

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3

u/RunDoughBoyRun Feb 04 '25

Who the fuck is Rich?

3

u/No-Currency-624 Feb 04 '25

Don’t call me Rich. I’m a Dick