Best Twitter thread of the day – August 24th 

90% is the Traders Don't make a Profit.

Here are 7 things I wish I knew when I started trading to be in the 1% sooner.

A Thread. pic.twitter.com/yi0VGheErh

— Emperor👑 (@EmperorBTC) August 24, 2022

1. Blaming the market maker for your loses won't help.

Believing that the institutions are some evil trying to hunt your stops isn't going to help.

Retail hardly makes 5% of the total volume. Market is just seeking a fair value.

Take responsibility, stop the blame. pic.twitter.com/xDMF72g6iQ

— Emperor👑 (@EmperorBTC) August 24, 2022

2. Make your strategy to fit your lifestyle and mentality, not fit your lifestyle as per the strategy.

How often, how much, what time frame you trade should depend on your ability to monitor the market.

I made the mistake of being an investor when I wanted to be a trader. pic.twitter.com/XMYxL5JRkc

— Emperor👑 (@EmperorBTC) August 24, 2022

3. If you don't enjoy trading even after a few years, don't do it.

You can't be good at something you don't enjoy even after spending years at it.

Life is long, choose other professions that makes you happy.

I was loss making for a long time but always enjoyed trading.

— Emperor👑 (@EmperorBTC) August 24, 2022

4. Trading is most rewarding profession in the history of capitalism but it's a slow one.

You can make multi millions but don't aim to make it with one trade.
Trade small. Trade a lot. Make small bets. Small Profits. Small risks.

Small is big, over a period of time. pic.twitter.com/BTo2p7hm2r

— Emperor👑 (@EmperorBTC) August 24, 2022

5. If you don't constantly adapt, use new info, you'll fail.

Markets learn new edge very fast.

What's groundbreaking today will be common knowledge tomorrow.

Your secrets will be found by the MM and used to fill the spread.

Be ready to lose your edge and sharpen another one.

— Emperor👑 (@EmperorBTC) August 24, 2022