I LOVE LISTENING to Chris Tate talk with our traders.
A crazy blend of harsh life advice, and raw trading tips.
Here are some quotes I feel will set you up beautifully for the month:
“You won’t have a life-changing trade based on a 5-minute chart. If you’re only trading short-term, you’re trading for cashflow, not wealth creation”.
“There is a difference between regarding yourself as smart and actually being smart”.
“We miss the big moves and agonise over the small moves – and if you do that enough, you’ll go broke”.
“On an average day, a human makes 20,000 – 25,000 decisions. If you don’t make your trading plan simple, you’ll make poor decisions due to decision fatigue”.
“Fear does not exist in the present. It’s anticipatory”.