Like others have mentioned, I’ve always understood the concept of compounding gains but seeing people in TF talk about taking profit at 10-15%, knowing in some cases that means a “measley” $10 or $15… It was hard to believe those gains actually paid off. Regardless of my understanding of how compounding works. And while it is still hard for me to cut “early” when it appears there’s still more gains to be had, I’m becoming more disciplined each day. Not only am I seeing the small gains add up in my port, I’m also seeing if I had held trying to get another 5-10%, more times than not, I would’ve held too long ultimately losing money.
Reading charts, identifying patterns & remembering what those patterns typically indicate still has me a little overwhelmed but I know it’ll come with time. Especially with Conq’s drawings & notes explaining what it is he’s seeing.
To say we’re beyond lucky to have someone commit themselves to helping others learn how to become better traders in the way Conq has… Is the understatement of the century!