Short coaching monologue advising new traders to specialize: pick one market and a single trading approach (scalping, day trading, time-frames, entry/exit criteria). Emphasizes mastering market-specific strategy first, then self-awareness follows.
I see a lot of new traders. They'll start out saying, I trade crypto on the weekend, forex at night, stocks in the morning. And I'm like, what? Yeah, you're all over the place. Pick one market, focus on that market. Once you have that market, pick how you're going to trade that market, right? What strategies? What's your focus point? Are you going to be a scalper? Are you going to be a day trader? Where you're looking at higher time frames? Are you looking at 5, 10 minute, what time frames are you looking at? What is your entry criteria? What are you looking at from an entry point that will say, hey, this is what's allowing me to get in, this is what's allowing me to get out. So once you study that and once you kind of get a grasp of that, that's when you start having a better understanding of the market and better understanding of then the next stage, which is yourself.
