A trader explains how to make millions: when your model shows clear signals, trade aggressively. When the market is choppy and signals are weak, stop trading. The key is matching your activity to market conditions, not forcing trades when conditions don't fit.
Chapters
As a trader, this is gonna sound a little crazy because guys, they'll have a 3 trades a day rule or 5 trades a day. If I lose, I'm out. For me, what I like to say is, if you're hot, step on the gas. Because if the market is hot and the model gives you so many entries and ability to take so many entries and you're seeing it clearly, step on the gas, make your money. But saying that, you have to be able to identify when you're not hot, you know, and the market is chopping around, it's not really moving, it's not giving you all the criterias, it's not giving you that structure that you need to build about your edge on that day, that's when you have to be careful and know when you might be overanalyzing and start taking bad entries. And that's when you get into that dangerous territory of overtrading.