“Think like a genius” suggests that in order to achieve success in trading, one must think creatively and outside the box. To do this, it’s important to analyze market trends and data with a critical eye, and to constantly seek out new information and insights that can inform trading decisions. Innovative thinking and a willingness to take calculated risks can lead to success in trading.
“Find trades like a sniper” means that traders should be patient and selective when identifying potential trades. Just as a sniper carefully selects their target and waits for the right moment to take the shot, traders should identify opportunities that align with their trading strategy and wait for the ideal entry point. This approach can help to minimize risk and maximize profits.
“Execute trades like a robot” suggests that traders should follow a consistent and disciplined approach to trading. Emotions can often cloud judgement and lead to poor decision-making, so it’s important to stick to a predetermined trading plan and avoid making impulsive decisions. By removing emotions from the trading process, traders can make more rational and objective decisions.
“Manage money like a casino” means that traders should be strategic in their approach to risk management. Just as a casino manages risk by setting limits on bets and payouts, traders should set limits on the amount of capital they are willing to risk on a trade, as well as their potential profits and losses. Additionally, it’s important to diversify trading strategies and investments to mitigate risk and ensure long-term profitability.