I'm not here to pretend I've figured trading out.
I'm here to document the process of figuring it out.
The wins.
The losses.
The mistakes.
The lessons.
The discipline.
11 Laws will guide the journey.
Follow along. We're building from zero.
KARMA at it again ππ¬π
A GLE63s after copping almost a billion dollar house is on another level...
FOREX TRADING π₯π₯π₯
Congratulations @Akindamolafx
After a series of trying to balance school exams with trading my Phases...
Battling steady in and out of drawdown...
FINALLY GOT FUNDED...
W @mekfunded ππ€
Got out manually coz I've passed the Prop account i'm trading so I didn't hold hold till the end...
Buh seems like the PRICE ACTION had other plans btw π π
Hoping for September and the rest of the year should be good fr fr ππ€
Got out manually coz I've passed the Prop account i'm trading so I didn't hold hold till the end...
Buh seems like the PRICE ACTION had other plans btw π π
Hoping for September and the rest of the year should be good fr fr ππ€
August Price Action is really Augusting me but still we show up...
XAUUSD β οΈπ°
3rr Bagged...
I entered earlier than I should but I still got in the buys regardless...
Theres always a specific joy with having a mechanical system...
Last week I learned:
β Patience beats forcing trades
β Risk management matters
β A loss doesn't define the trader
β Execution > emotion
Another week to apply what I learned and keep moving!!!
@Chi_xauusd Once you have confidence in your analysis, BE isn't something u should think of...
Unless you dont have a target to meet that's when BE can come in handy...
You don't need to win every trade.
If you risk 1R to potentially make 3R, you can lose more trades than you win and still be profitable.
That's why:
Win rate β everything.
Risk management matters.
Plus this with this August P.A sef ehh... lol
A losing trade doesn't require another trade.
Sometimes the most disciplined thing you can do after a loss is close the charts and face reality.
No revenge.
No forcing.
No increasing risk.
Protect your discipline.
Protect your capital. π
One of the biggest lessons in trading:
"PATIENCE"
You don't need to catch every move.
Missing a trade is better than forcing one.
There will always be another setup.
Patience is a position too. π
Have a profitable week ahead ππ€
GM GM