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Poor Traders & Rich Traders

  1. Poor traders have ‘picks’, rich traders have “high probability entries”.

  2. Poor traders “make great calls”, rich traders have robust systems.
  3. Poor traders have ‘conviction’, rich traders follow price action.
  4. Poor traders have ‘opinions’, rich traders follow trends and chart patterns.
  5. Poor traders ‘like’ certain stocks, rich traders like to make money.
  6. Poor traders make predictions, rich traders have quantified entries and exit levels.
  7. Poor traders ‘go all in’, rich traders have maximum bet sizes.
  8. Poor traders are gamblers, rich traders are casinos.
  9. Poor traders have hope, rich traders have mathematical probabilities.