Day Trading Education || Documenting My Journey


Claudia Rea

One of the biggest mistakes you can make when trading is assuming you have unlimited will power

You don’t, none of us do

Willpower is a limited resource, we run low on it, just like a tank of fuel

The more decisions we make in a single sitting, the more energy depleted our brains become

Therefore, every time you stare at the charts when price is no where near your entry level

You use will power to not trade

Now imagine sitting on the charts all day staring at every candle print, watching and waiting

Eventually your tank of will power will run out

And you’ll start forcing low quality trades outside of your plan

This is why it’s so easy to downward spiral into a series of bad decisions and losses

It’s not because you lack overall discipline

It’s simply because you’ve exhausted your will power

So how can you prevent this?

By staying away from the charts until price reaches your levels

Mark up your charts in the morning, determine where you want to look for an entry from

Set alerts

And go about your day until they get triggered

10 months ago | [YT] | 15

Claudia Rea

Imagine how boring trading would be if everyone was profitable straight away

If no one had to go through the trenches to reach success

The difficulties attached to this journey is what makes profitability more rewarding

1 year ago | [YT] | 31

Claudia Rea

Today is a good day to have a good day

We have full control over our mood, even if it doesn’t feel that way at times

It’s so easy to blame our environment, circumstances and the people around us for our lack of happiness

But we are each responsible for our own internal state

If you tell yourself today is a bad day, then you will have a bad day

But if you choose to have a good day and you make decisions that align with that choice

Then your day will be filled with opportunity and growth

If you are struggling to shift a bad mood, then take action to raise your frequency through meditation, exercise, affirmations and journaling etc

All it takes is 5 minutes of action to turn a bad day into a good one

“Those who manifest most easily are those who understand that circumstances don’t create state, state creates circumstances”

~ Neville Goddard

💛✨

1 year ago | [YT] | 12

Claudia Rea

Profitable intraday trading is simply a combination of:

1. Proper risk management

2. Experience in identifying an entry model that’s been trialled and tested

3. Patience in waiting for your entry model to appear

4. Knowing where you want to get out of your trade and having enough discipline to leave money on the table

5. Being able to take losses on the chin by detaching from the outcome of a single position

6. But most importantly knowing when market conditions aren’t in your favour and staying out

1 year ago | [YT] | 24

Claudia Rea

Entrepreneurship isn’t about hitting a single goal and then putting your feet up for the rest of your life

There is no finish line as an entrepreneur

As soon as you achieve one goal, you’ll be focused on the next

This journey is a lifelong commitment

Because you will transform into an entirely different person in the process

You won’t fit into your old life anymore

Your old thought patterns and belief systems will be replaced with new ones

So if you are currently consumed with a desperation to be profitable so you can “finally feel happy”

Think again

By the time you reach full-time trading, you’ll miss the journey of transformation so much that you will start new projects

You’ll throw yourself into new business ventures to keep your mind stimulated

You’ll actually crave being a beginner in a new craft again

So stop denying yourself the feeling of happiness just because you haven’t had big payouts yet

If you keep procrastinating on allowing yourself to feel happy in the present moment

You’ll waste so much time and energy chasing your next target thinking happiness sits beyond the finish line

When in reality you had it in your hands all along 🫶

“The journey is everything” 🔑

1 year ago | [YT] | 14

Claudia Rea

If your prop firm account lives in drawdown from taking big losses

Then here’s something that might help 👇

View your daily risk allowance as fun tokens at an amusement park

Imagine you’ve spent a lot of time travelling to get there, and you have 10 tokens to use

Each ride costs 1 token

But here’s the catch, if you put more than 1 token into a ride at once, you still only get 1 play

What do you do?

You scout the area, decide which rides you like the most, and play one at a time

You wouldn’t put all 10 tokens into the first ride you see

Because if you did that, you’d have no tokens left to play with after the first ride

You’d have to travel back home miserable, or else stay and be forced to watch everyone else play from the sidelines

Now let’s bring this back to trading

Why risk your entire 5% daily loss allowance on a single trade? It only gives you 1 play if price moves against you

When you risk 0.5% per trade idea, it gives you 10 plays for the day

And you most likely won’t need all 10

Throwing all your tokens into the first ride you see is the same as risking your entire daily loss allowance on the first trade you see

It will force you out of the game faster

Use 1 token at a time, and scout the area for the best rides

Likewise, risk less and wait for the highest quality entries

🎡🎟️

1 year ago | [YT] | 19

Claudia Rea

The only way to fix fear trading is to replace fear with faith

Faith in your system

Faith in the universe

Faith that you are the co-creator of your life

So when you find yourself worrying about lack of money, lack of control or lack of confidence

And these fears are taking over your trading decisions which cause unnecessary losses

Try redirecting your focus to faith

Backtest your system, prove it works over a large span of trades

Pray, ask for guidance

Meditate, centre your mind to bring back clarity

Have faith that you are exactly where you need to be

Have faith that the difficulties you are facing right now is preparation rather than punishment

The universe is simply preparing you so that you are mentally equipped to handle the success you’ve asked for

Faith > Fear 🔑

1 year ago | [YT] | 15

Claudia Rea

One of the hardest lessons in trading is learning how to leave money on the table

Having the discipline to take your profits and call it a day

Reminder that you don’t need to catch every single pip the market offers in every day to become rich

You only need to catch a small part of it consistently

Yes this job has uncapped income

But that doesn’t mean you should have uncapped expectations

Catching a 1:3 RR a couple of times a week is realistic

But expecting to catch a 1:40 RR every day is not

Make sure your expectations are aligned with what the market can offer consistently

And then you’ll feel satisfied enough with your results to walk away and call it a day 🫶

1 year ago | [YT] | 5