LaKiesha Tomlin • Day Trader & Mentor @chartconfidence
I help new traders become profitable with ease | Turned $20k to almost $100k | Yale MBA | How I make consistent profits ↓ profitabletradersacademy.com 🌎 Tweets 🚫 advice Joined August 2016-
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Trading mentors can help you understand HOW to enter the market, but it's up to you to hit the button WHEN it's time to execute.
Changing my strategy every time I came across a new day trading YouTuber did not help me become a consistently profitable trader. Reviewing my trades and figuring out what I did wrong got me here.
Testing a trading strategy does not mean taking 1 or 2 trades, losing, and then saying, "it doesn't work." Take at least 10 trades, then, 20 trades, then 30 trades. This will be more than enough for you to see if the strategy is working for you.
I love it when my m💚ney makes m💚ney...
"Buy low and sell high" doesn't necessarily mean buying at the bottom or selling at the top. No one really knows when that is. So, I like to take my profits when everyone else is buying.
Learning how to become a profitable trader is going to take 10x more effort than you think it will. This doesn't mean that it's impossible. It just means that you can't study few times or every blue moon and think that you're going to withdraw money from the markets.
A "continuation trade" (following the trend) has a higher probability of working out vs. a "bounce trade" (reversal trade). Be OK with missing bounce trades and your account balance will thank you. 🤑
Sometimes the universe put us in situations for us to live out our purpose.
I will focus on conserving capital rather than making money in the markets. My job is to manage risk and take whatever the markets give me.
I will sit on my hands and let my trade play out. 😬
In trading, going with the trend will always be more profitable than trying to catch a reversal. Journal it and thank me later.
Some new traders are funny... They'd rather put $10,000 in to a trading account (over time). Lose it all... Than pay $2,000 to work with a mentor... who can show them how to make $100,000 (over time).
You cannot be a successful trader without losing money. Losing money is a part of the game (in the beginning). You have to put in the work to reverse the order.
Successful Trader Ingredients ✨ 10% - Gain general understanding of trading 30% - Finding the right mentor FOR ME 10% - Trust in myself to do the work 20% - Continuing when the road gets tough 30 % - Constant belief that it WILL WORK (if I keep doing my part)
You can't make your first $100k from the market w/o making your first $10k You can't make your first $10k from the market w/o making your first $1k You can't make your first $1k from the market w/o making your first $100 Learn the basics, get a mentor and keep going. 💪🏽💪🏽
"Don't test the depth of the river with both your feet while taking the risk." - Warren Buffett Follow @chartconfidence for more day trading tips so you don’t miss a thing! 🔔 #TradingBasics #TechnicalAnalysis #tradeSmart #chartconfidence #LaKiesha #trade #trader #daytrading
Staying comfortable will not help you become a profitable day trader Disobeying your trading rules will not help you become a profitable trader Trying to do it on your own will not help you become a profitable trader Stop being stubborn, become a profitable trader
💬 Quotes to Elevate Your Trading Game 💬 Follow @chartconfidence for more day trading tips so you don’t miss a thing! 🔔 Comment the word “More Quotes” to get more day trading strategies posted on this page. #TradingBasics #RSI #TechnicalAnalysis #TradeSmart #chartconfidence
💡QUOTES TO INSPIRE YOUR TRADING JOURNEY💡 "Learn from your losses, you paid for them." - Tony Stark Follow @chartconfidence for more day trading tips so you don’t miss a thing! 🔔 #TradingBasics #RSI #TechnicalAnalysis #tradeSmart #chartconfidence #LaKiesha #trade #trader
Follow @chartconfidence for more day trading tips so you don’t miss a thing! 🔔 Comment the word “More Sharing” to get more day trading strategies posted on this page. 👇 #chartconfidence #LaKiesha #tradingview #tradingstocks #tradingtips #tradingstrategy #tradingeducation
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