A short YouTube commentary by Kardec Trader (uploaded Aug 4, 2023) arguing for a trading approach focused on capturing small, repeatable gains rather than trying to hit large, infrequent 'home runs.' The speaker emphasizes having an edge, placing risk, following a game plan, and adhering to risk tolerances to achieve long-term consistency.
My job as a trader is to capitalize on the move that I'm anticipating. If I am anticipating one, if I have an edge, I have my risk placed. Capture that move consistently. Hence why I'm able to trade consistently, make a certain amount consistently over and over again. I'm not trying to hit big home runs. I'm just trying to trade whatever is in front of me. And I share that with you guys. Because when a lot of traders, they see certain plays, they see certain setups, the first thing they try to do is catch a massive home run one time. And I always say, would you rather catch one home run one time, or would you rather trade consistently and catch a small piece over and over and over again? Right. And that's why focusing on following your game plan, focusing on, you know, following risk tolerances is important. That will give you long term consistency.
