Hahaha alright, I understand.
I had a really shitty three months on charts, missed so many great fucking trades, made the wrong decision every turn.
I’m 50% counting on Rich Trader to give me back that sharp, killer instinct I had from june to september this year.
Killer instinct, I think would be the difference between a good trader, and a great trader.
I have a feeling it would be, I’ll mostly follow the stack SaintSovereign recommended for me : Rich Trader, Emperor : Crown & Capital stacked with Wanted Dream Boy.
Depending on how it goes, I’m open to try Raikov - to push my trading skills further if I’m having trouble with RT alone, and I’m also curious to try GLM : Commander once it comes out (my wife wants me to work more on my decision making with confidence ability).
Raikov and RICH Trader will probably end up in a custom for me.
Especially so, if your chosen mentors run a live trading room, or livestream their trading sessions.
Please also make the Sub Time Frame flexible if possible .
-Traders tend to be short term . Investors tend to be very long term .
Please maximize the mental resilience scripting against Drawdown . So that one doesnt buy high and sell low .
It’s supposed to be pretty light and easy to run from what I remmeber, I’ve seen a post by Saint somewhere.
Please help me understand: is current RICH Crypto and the updated RICH Trader are solely for (crypto) trading?
I’m currently interested in DeFi but not in trading. Am I better off running OG RICH for that, or RICH Crypto includes those things? And/or will RICH Trader include that?
Current RICH Crypto is heavily focused on crypto but has some carry over to overall trading.
RICH trader has not been released yet, although its expected in the next 1-2 weeks. We are still uncertain what the features will be, all the suggestions are in this thread maybe you can infer based on that.
My expectation is that RICH trader will be about the trading skill overall and that should apply to DeFi well. Possibly there will be some Crypto specific scripting as its an upgrade to RICH crypto.
Thank you!
Prevent Strategy hopping , prevent Changing Investment vehicle often .
Not taking emotional decisions based on short term price fluctuations or listening to news etc . Bullet proof mindset and confidence in following one’s strategy .
creative Risk Management based on one’s Risk appetite .
Give importance to Compound Interest .
Stick to consistent investments no matter what the life throws at you , till Compound Interest starts to show its weight
Divident portfolio should go in C&C, it’s more investment/position trading related.
I disagree with your statement.
There are many different active dividend trading strategies.
True again, damn yeah I think I remember some people buying and selling strategically around dividend time to make money, which definitly qualify in trading.
I guess the quote got me there as it looks like someone who builds a dividend portfolio would say, or at least from what I’ve read. Not necessarly someone who actively trades an active strategy around dividends. It got me confused.
Will RICH Trader be useful or helpful for non-trading careers? Like Real Estate Wholesaling (which I am doing)? Just curious if real estate is in the scripting of this sub or not.
I think E:CC will be a better fit for real-estate (or any of the other wealth titles).
I don’t think R:Trader is necessarily bad for real-estate, but I do not think it contains it. Any general scripting will likely be beneficial to RE, but I doubt there’ll be specific scripting for it.
My guess is that R:Trader is focused on the financial markets.
