Invest Smart

Invest Smart I teach you best ways to make right decisions in trading.
(2)

In trading, persistence leads to mastery. Don't expect great things to happen easily.It's only a mirage if you do.Evolve...
06/01/2025

In trading, persistence leads to mastery. Don't expect great things to happen easily.

It's only a mirage if you do.

Evolve to a point that it's dangerous to back off, why?

Because you have believed so much in yourself that you seldom quit. Be resilient, that's the true language of successful traders.

Be disciplined. Go get it done because you CAN.

Study 'Double Bottom', it's one of the oldest chart patterns that is still relevant in trading industry.
06/01/2025

Study 'Double Bottom', it's one of the oldest chart patterns that is still relevant in trading industry.

I know of a trader whose set-up is just an engulfing candle. His system is so simple that I almost changed mine to switc...
05/01/2025

I know of a trader whose set-up is just an engulfing candle. His system is so simple that I almost changed mine to switch to his.

But that's not all.

There are factors he looks out for before he can execute his strategy.

First, he is a day trader and uses 5, 15, 30 minutes and 1 hour chart to execute trades.

Now here is the secret:

He makes sure that he understands his bias session for the day and equally respects support and resistance levels.

In trading, there are other factors to consider in your judgement before ex*****on no matter how simple your edge appears.

The secret to trading is showing up everyday and doing the boring work.Yes, it's boring to do the same thing again and a...
04/01/2025

The secret to trading is showing up everyday and doing the boring work.

Yes, it's boring to do the same thing again and again. That's why I always implore you not to engage in changing strategies almost every time. Be patient with your proven strategy and give it time after you must have collected a large sample size for test.

That's why back testing and forward testing are important.

Show up everyday. Do not allow yesterday's trades affect your today's...

03/01/2025

If you have never experienced this, then you're yet to be a trader.

Technical Analysis will rarely disappoint you. It's the foundation of trading.Spend time to study your chart objectively...
03/01/2025

Technical Analysis will rarely disappoint you. It's the foundation of trading.

Spend time to study your chart objectively. Back it up with a calm psychology and a system that matches your personality.

Execute like a robot and give no room for excuses why you compromised your set-up.

02/01/2025

When I tried sleeping as a trader.

No trader has ever gone bankrupt by risking 1% in a single trade. Why many traders lose money and still lose their sanit...
02/01/2025

No trader has ever gone bankrupt by risking 1% in a single trade. Why many traders lose money and still lose their sanity is because they rarely keep their system intact.

Let me give you this secret:

If you want to be a fine trader who wants to record consistency, then if you've got a sound system with an edge, use it for at least 1 year without changing it, even amidst losing streaks.

See, there is no strategy with 0% risk. Not at all.

But with 1% risk per a trade, your capital is cool and safe.

Risk management is where consistency begins.

Don't think of going into full time trading as a start-up if you don't have any other means of livelihood, say a job or ...
01/01/2025

Don't think of going into full time trading as a start-up if you don't have any other means of livelihood, say a job or a business.

This mistake is costly. The emotions will be heightened as your focus will be on winning almost every trade for survival.

It's seldom possible to win always. Infact, in typical cases you can possibly have losing streak.

Begin this journey with a backup business or a job, build it and then train your presence in trading and work hard to succeed in it.

Picture: generated by AI

First thing that comes to my mind whenever my set-up appears on the chat is not just how much I would make out of a sing...
01/01/2025

First thing that comes to my mind whenever my set-up appears on the chat is not just how much I would make out of a single trade. My only concern always is "if I can be faithful to my system?"

Probably it's time to tell you that trading is likened to marriage. Staying faithful to your partner has a way of paying you back hugely. Opposite of that decision can wake up the other side of your partner and ruin things for you.

When you stop playing the game of winning or losing and shift to game of probability then that's the only time to start ...
01/01/2025

When you stop playing the game of winning or losing and shift to game of probability then that's the only time to start building confidence in trading.

Why you have not boosted your confidence each time you have an open position is because you focus too much on profit and loss.

Probability is what builds your skill in trading industry, because that's what the game all about.

01/01/2025

It's a new year. If your trading edge has been working for you...if the system has given you a higher win rate, then it doesn't call for a change.

Stick to it, even though it must not be 100%. New Year doesn't call for New Strategies.

Happy, prosperous new year to all of us.

Address

Abuja
900288

Alerts

Be the first to know and let us send you an email when Invest Smart posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Share