I don't fundies or techs how can that be?
1
Cable Update (GBPUSD)
- #631,521
- Oct 17, 2021 4:14am Oct 17, 2021 4:14am
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
- #631,523
- Oct 17, 2021 5:10am Oct 17, 2021 5:10am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
COPY & PASTE from Net unknown source.
Last last my advice.
The most successful trader may not be the best analyst, but will definitely be the most disciplined
Yeah, I know, we have heard this word called discipline time and time again that it has lost its value, but I will tell you what discipline is:
The ability to take 4 losses and above in a row, and your account is not dead.. ( note on this paragraph , is my major challenge, am so fucking bad in money management, what the idea % one should risk per trade)
The ability to take 4 losses and above in a row and don't change your trading system in your next trade
The ability to take 4 winning trades and above in a row, and still follow ur trading system to call it a day, rather than chasing the next winning trade
The ability to take 4 winning trades and above in a row, and still be humble enough to know that a couple of wins in a day/week does not guarantee you being profitable at the end of the month
The ability to know when NOT to trade even when your favourite setup is on display
The ability to know when to trade when your favourite setup is on display
To become a profitable trader is to become a monk.
A disciplined trader with an average trading system will always beat an indisciplined trader with the best system.
The ability to apply your trading system to the letter every single time requires an unimaginable level of discipline.
So whatever you do, however you choose to trade the market, know one thing:
Without discipline your effort to become a good trader is futile.
Thank you
Last last my advice.
The most successful trader may not be the best analyst, but will definitely be the most disciplined
Yeah, I know, we have heard this word called discipline time and time again that it has lost its value, but I will tell you what discipline is:
The ability to take 4 losses and above in a row, and your account is not dead.. ( note on this paragraph , is my major challenge, am so fucking bad in money management, what the idea % one should risk per trade)
The ability to take 4 losses and above in a row and don't change your trading system in your next trade
The ability to take 4 winning trades and above in a row, and still follow ur trading system to call it a day, rather than chasing the next winning trade
The ability to take 4 winning trades and above in a row, and still be humble enough to know that a couple of wins in a day/week does not guarantee you being profitable at the end of the month
The ability to know when NOT to trade even when your favourite setup is on display
The ability to know when to trade when your favourite setup is on display
To become a profitable trader is to become a monk.
A disciplined trader with an average trading system will always beat an indisciplined trader with the best system.
The ability to apply your trading system to the letter every single time requires an unimaginable level of discipline.
So whatever you do, however you choose to trade the market, know one thing:
Without discipline your effort to become a good trader is futile.
Thank you
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #631,524
- Oct 17, 2021 5:18am Oct 17, 2021 5:18am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #631,525
- Oct 17, 2021 5:21am Oct 17, 2021 5:21am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #631,527
- Oct 17, 2021 5:53am Oct 17, 2021 5:53am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
��The most anticipated analysis.Thoughts here and there will be highly appreciated for real guys. Thanks FF guys and gals https://youtu.be/r1JCtXWPGNA
not sure how long you been trading but ur TL are always wrong
i suggest read Tom Demark book
you need to cover the next key resistance if breakout occurs or support if we need to go down to find new buyer
if you want people in your channel you have to Up your Game.
MY OPINION NOT FINANCIAL ADVISE
- #631,528
- Oct 17, 2021 6:07am Oct 17, 2021 6:07am
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
{quote} Can I borrow some coin starting next week Ive dropped all Tech & Fundie analysis Going the premitive way, follwing your footstep P/S Need bigger size coin, as im to old to hold small coib
- #631,529
- Oct 17, 2021 6:10am Oct 17, 2021 6:10am
{quote} not sure how long you been trading but ur TL are always wrong i suggest read Tom Demark book you need to cover the next key resistance if breakout occurs or support if we need to go down to find new buyer if you want people in your channel you have to Up your Game. {image}
- #631,530
- Oct 17, 2021 6:12am Oct 17, 2021 6:12am
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
COPY & PASTE from Net unknown source. Last last my advice. The most successful trader may not be the best analyst, but will definitely be the most disciplined Yeah, I know, we have heard this word called discipline time and time again that it has lost its value, but I will tell you what discipline is: The ability to take 4 losses and above in a row, and your account is not dead.. ( note on this paragraph , is my major challenge, am so fucking bad in money management, what the idea % one should risk per trade) The ability to take 4 losses and above...
- #631,531
- Oct 17, 2021 6:31am Oct 17, 2021 6:31am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
MY OPINION NOT FINANCIAL ADVISE
- #631,533
- Oct 17, 2021 6:49am Oct 17, 2021 6:49am
- Joined Oct 2019 | Status: Trader | 1,245 Posts
Be calm and analyze the market with ease. Schhh!111The market hate noise and impatience. Master a strategy that would allow you to see prices “at the moment” a strategy that’s flexible to change at any condition because the market changes its movement every now and then, don’t be bias... It can go either way! Stop drawing permanent lines on your chart and be like this is last month resistance.. the market don’t give a fu**k except you’re a swing trader with huge amount of money to hold a stop loss but with...
- #631,534
- Oct 17, 2021 7:10am Oct 17, 2021 7:10am
- Joined Aug 2018 | Status: Research Analyst | 4,290 Posts
Data + Stat + Risk/Emotions Management
- #631,535
- Oct 17, 2021 7:19am Oct 17, 2021 7:19am
- Joined Nov 2020 | Status: Trader | 2,634 Posts
Pivot crash didn't happen on Friday. But be ready on Monday. And other few interesting things. New gates are open
- #631,536
- Oct 17, 2021 7:24am Oct 17, 2021 7:24am
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
- #631,538
- Oct 17, 2021 7:32am Oct 17, 2021 7:32am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} I'm minus over 400 pips on my 4 GU FF trades but care not a jot, why is that
You already know and count all the risks that you can take.
Seldom see you making mistakes in trading by entering position with a wrong size and high risks.
As everyone knew it, there is no secrets in MM, you know that rules and strictly follow them.
You've createdt your own system and your Trading Plan, and make exact rules about risks that you can take and never brake that rules, even if you think that everything is under control.
You've understood that, there are situations on market that you can't predict, so you have to protect your money and to keep your deposit safe.
No matter what it can't ruin your account.
Thats element # 2.
#1 is always psycology and with
#3 isAnalysis
All the best and trade well
PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #631,539
- Oct 17, 2021 7:34am Oct 17, 2021 7:34am
- Joined Nov 2020 | Status: Trader | 2,634 Posts
Repeat after me
- #631,540
- Oct 17, 2021 7:48am Oct 17, 2021 7:48am
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
{quote} You've mastered the Money Management. You already know and count all the risks that you can take. Seldom see you making mistakes in trading by entering position with a wrong size and high risks. As everyone knew it, there is no secrets in MM, you know that rules and strictly follow them. You've createdt your own system and your Trading Plan, and make exact rules about risks that you can take and never brake that rules, even if you think that everything is under control. You've understood that, there are situations on market that you can't...
