Bootcamp Day 7 Lecture Notes

Introduction

• Welcome to Bootcamp Day 7.
• Focus on self-improvement in psychology and discipline.
• Upcoming topic: Trading liquidity.
• Personal note: Instructor has noticed improvements in trading during bootcamp.

Today's Focus: Individuality in Trading and Life

Trading Psychology

• Importance of developing one's own strategy in trading.
• Avoid copying others completely; blend different strategies that work for you.
  • Example: Understand and utilize parts of different strategies like liquidity sweeps or break of structure.

Individuality in Trading

• Don’t force yourself to adopt a strategy that doesn’t work for you.
• Build a strategy that combines elements you understand from different mentors.
• Be your own person in trading; adapt strategies to fit your understanding and needs.
  • Example: TJR’s strategy combines simple concepts executed in sequence.
• Everyone's learning curve is different; don’t compare yourself to others.

Applying Individuality to Life

• Don't aspire to be someone else; be confident in your own life choices.
• Avoid living under others' opinions; wear what you love, pursue interests you are passionate about.
• Confidence in life translates to confidence in trading.
  • Direct correlation between self-confidence in life and success in trading.
• Homework: Spend a day doing what you love without caring for others' opinions.
  • Document your experiences and feelings.

Building Confidence

• Confidence is key to success in trading and life.
• Be comfortable and confident in public, regardless of potential judgment.
  • Example: People on TikTok successfully blend TJR’s and other mentors' strategies.
• Understand that people critical of your actions are often self-conscious themselves.

Homework Assignment

• Be confident in all decisions and actions for one day.
• Document the experience and reflect on feelings of confidence.
  • Anticipate both positive feelings and possible criticism.

Conclusion

• Reminder: Be confident, take risks, and strive for individuality.
• Stand firm in decisions and make them known confidently.
• Embrace reactions from others as a sign of heading in the right direction.

Closing

• Look forward to more trading topics in the upcoming sessions.
• Encourage self-respect and pursuing personal goals.