Alpha Mail #019 - ByzGeneral
Social media has a polarising effect. We see this all the time in political discourse but it's equally true in the markets. Bull and bear tribalism can impact your outlook on the market and lead to bad trading habits.
This week's interviewee, ByzGeneral talks candidly about how easy it is to fall into the trap of adopting others' opinions as your own, and the lack of accountability and development this approach can cause when trading.
It's a valuable reminder that, in trading, there's no substitute for doing the work.
Happy Easter!
VA
INTERVIEW: BYZGENERAL
Byz discusses his thoughts on predatory market behaviour, the importance of independent thinking and his habit of overmanaging trades.
GRAPHIC #151 - GOOD THINGS COME
The paradox of trading for most is that the more you trade, the less you make.
Being more patient and selective with setups - a qualitative improvement will boost gains much more than a quantitative increase in trades taken.
HighStakesCap is aiming to reduce the number of trades he takes down to 2-3 a year.
Fewer trades with higher conviction should be the goal.