Been trading for years, and I've locked in three non-negotiable rules that basically keep me sane and profitable:
1. Timing beats time in the market—wait for the right moment, not the calendar
2. Never force trades (setup must be clean). FOMO kills accounts faster than anything else
3. Cash is king—holding powder matters more than being always in
This year's PUMP trade nailed all three principles at once. Caught the move when conditions aligned, didn't chase, stayed disciplined on entries, and kept enough dry powder for scale-ins. That's the whole playbook right there. The traders who struggle usually break one of these rules and wonder why their risk-reward went sideways.
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AllTalkLongTrader
· 1h ago
Sounds nice, but 99% of people still die from fear of missing out (FOMO)
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consensus_whisperer
· 1h ago
You're absolutely right, it's these three points that have really constrained my mindset. Especially that cash is king; how many times have I regretted it when I ran out of bullets, watching opportunities slip away... That PUMP wave was indeed textbook-level execution.
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LiquidityWizard
· 1h ago
nah see this is literally just volatility arbitrage wrapped in self-help language... statistically speaking most people violating rule #2 aren't even tracking their sharpe ratios properly. cash drag is real though, empirically the 68% who fomo out are down 40% ytd, contrary to what their twitter says
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StrawberryIce
· 1h ago
You are right, it feels like you are talking about the lessons I've learned over the past six months.
Been trading for years, and I've locked in three non-negotiable rules that basically keep me sane and profitable:
1. Timing beats time in the market—wait for the right moment, not the calendar
2. Never force trades (setup must be clean). FOMO kills accounts faster than anything else
3. Cash is king—holding powder matters more than being always in
This year's PUMP trade nailed all three principles at once. Caught the move when conditions aligned, didn't chase, stayed disciplined on entries, and kept enough dry powder for scale-ins. That's the whole playbook right there. The traders who struggle usually break one of these rules and wonder why their risk-reward went sideways.