The #1 Goal that Leads to Trading Success
Disclaimer I just won the trading competition at work by turning $100,000 into $214,000 in only two weeks trading SPY index options (paper money). That's a 114% return! I noticed there was one major thing that separated me from the other traders: I traded instinctively. I had finally mastered how to trade instinctively after more than 8 years of trying to learn to do so. During the trading competition I knew what to do, when to do it, and I fully believed in whatever had to be done. I then executed each trade according to what I had concluded from the price action with almost no effort. Simple and mechanical. That's not to say easy, but it was simple. What I learned over the years was that, despite what everyone in the trading community tells you, there's really only one major goal in trading, and that everything else is either secondary or a waste of your time. And if you achieved this one goal, you could make it into the top 5-10% of successful traders after clim...