Patience, (and practice) is a Virtue

Jesse Livermore once said:

“After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!"

The last two years have been an incredible journey for new traders.

In February 2020, stimmy checks were flowing and people were learning about meme stocks in their house pants. Armed with only a Robinhood account and their Reddit friends, a whole new generation of traders was born.

In 2022, new traders learned that the Trading Gods can be cruel. You get addicted to the rush of winning. It’s amazing to see beginners' luck when everyone is doing it.

Beginner’s luck is another one of those cruel jokes the Trading Gods like to play on all new participants and get them hooked to the rush of feeling of winning.

But what happens when “buy the dip” no longer works? Then it becomes time to sit and reinvent yourself.

2022 has been a year for traders who want to take it to the next level, using the proper tools. Trade Ideas trade-ideas.com/wolf has all the tools for those that want to do it right.

Whether you are experienced or just started trading, you need to use the tools that allow you to be patient and simulate your strategies first.

Use Promo code FIRSTPLACE25 by September 6th to save 25% off your 1st month OR Use Promo code WOLF15 for 15% off any subscription at Trade Ideas anytime.

Trade Ideas has a simulation module that every new trader should be practicing on first. Not weeks, but months.

Just like a pro golfer spends hours at the range, you need to spend countless hours on the simulator to make your mistakes cheap and find your own personal method that works for you.

The other thing Trade Ideas does for you is show you where the ACTION is!

A new way of visualizing the most talked about and most traded names of the day can be found using the stock Races. You will never miss the action simulating real-time buy and sell buttons directly from the chart as you get your ideas from the races.

No matter what is happening in the SP500, the races will show you action all day long. Put it all together and you are learning how to manage risk in real-time. That is what will take you to the next level.