Goshawk Trades
@GoshawkTrades
Turning Ideas Into Trading Strategies | From 0 to 9+ Algos In 4 Years | Follow For Insights Into Data-Driven And Algorithmic Trading | Not Financial Advice
11 sentences from a 7-figure quant trader that changed my trading journey forever: 1. "Focus on a portfolio of strategies; no single strategy will save you."
People fail at trading because they want: …profits without experiencing drawdowns …to be right on every trade without accepting losses …guaranteed outcomes without uncertainty Trading is about taking on risk, and that is unavoidable.
it’s actually scary how your whole life depends on how much risk you take from the ages of 20-35
A breakdown of what saved my trading after nearly 2 years of losses:
I was a losing trader for almost 2 years. Then a few small pivots in my process led me to be consistently profitable for these past 4 years. Here’s what I changed:
The market doesn't care about your rent, your car payment, or your vacation plans. Trade the probabilities, not your needs. Position size accordingly.
After 6 years of trading, Here is one of the biggest misconceptions that fools most traders. Explained in less than 9 minutes: youtu.be/3hOR9EUfXGE
I used to stare at charts full of "I should have" moments Missing entries due to timezones or hesitation. Now, my algos run each strategy daily, no misses. If you want to automate your strategy. DM me.
GOLDMAN SACHS: SPECULATIVE TRADING HITS RECORD HIGH Goldman Sachs reports its Speculative Trading Indicator is at its highest level since the dot-com and pandemic bubbles, driven by heavy trading in unprofitable, penny, and high EV/sales stocks. Trading volumes are high in "Mag…
Trading doesn’t pay you by the hour. Learn to walk away when there are no opportunities for you. Excessive time watching the charts often just leads to overtrading.
There is a big difference in making the right decision and having the right outcome in trading: