I just watched the UFC Heavyweight title fight today between Francis Ngannou and Ciryl Gane.
I thought Gane fought great and did well not to get knocked out by Ngannou, but he just wasn’t prepared for Ngannou’s unexpected ground game.
We all know Ngannou has one-punch knockout power, and he can destroy you in a split second.
All it takes is one swing for Ngannou and it’s lights out for you. Game over.
In the same way, I treat day trading as if it’s a fight against Ngannou.
The stock market is a beast, and it can destroy you if you make just the tiniest mistake.
You can’t afford to make even the slightest error. You have to be 100% on point, following your strategy to a tee every single time.
If you get sloppy, the market will destroy you.
If you get greedy, the market will destroy you.
If you get emotional and revenge trade, the market will destroy you.
Always be extremely careful, and always know that you are playing a very dangerous game and can be wiped out at any moment.
It’s like what they always say before a fight: “Protect yourself at all times.”