“You’ll be the richer than Dangote if you can build a delivery service that picks up something in Lagos and gets it to Port Harcourt in less than 24 hours — or from Lagos to any state in Nigeria.”
— Financial expert
Pastor Femi Lazarus points out the agreement he had with his wife when they got married that has not been broken.
As I always say, for a marriage to work, you have to follow principles and laws.
Please, what are your thoughts on this?
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This is one of the best confirmation entry I'll recommend for you
Take 1 to 2hours of your time and study this template on your chart today
After you know your daily storyline and 4h
You'll see this on 1h and 2h
Weekend is for study see y'all inside https://t.co/pIz3T1xCzg
You passed phase 1 & 2 but funded phase you couldn't get even a payout, it happens.
Stop tying your prop account with responsibilities - the things you want to use the money to do when you get a payout, speaking from experience.
If you place too many responsibilities on that payout, chances that you'd not get it is high. Free yourself and trade, is not everything that is about technical analysis.
A Gold trader I personally know took $800,000 to $6 million in 4 months.
He trades from one of the wealthiest countries in the Middle East.
Then he tried to push the account to $10 million. That was where everything started to fall apart.
Not because he lacked skill. Not because Gold became impossible. Not because the broker hunted him.
He lost because of one thing most traders underestimate: Position size.
He recently told me a story that every Gold trader should hear. Not because of how much he made.
But because of how quickly one oversized position almost erased everything.
If you trade Gold, read this carefully.
What destroyed him was not the market. It was the quiet confidence that grows after a big win.
Last year, he funded his trading account with $800,000. His own capital. He traded only one instrument: XAUUSD.
In 4 months, he turned that $800,000 into $6 million. That is $5.2 million in profit.
Most traders would call that success. But in trading, success can become dangerous when it starts feeding your ego.
The most dangerous moment is not always after a losing streak. Sometimes, it comes after a massive winning streak.
The account is green. Confidence is loud. Your mind starts telling you that you are different.
“You understand Gold now.”You can push harder.”You can take this to $10 million.” That is where discipline starts to die.
Gold did not suddenly change. There was no black swan. No massive crash. No strange market event. What changed was him.
He stopped trading the chart in front of him. He started trading the number in his head. He wanted $10 million. That was the trap.
The plan that built the account got replaced by expectation. And once a trader starts chasing a number, he stops respecting the process that got him there.
Then he reached for the one thing that makes traders feel powerful but destroys them fast: Size. He started pushing 250 lots. Then 500 lots on XAUUSD.
Now, understand what that means. At 500 lots, every $1 move against him is roughly $50,000. A $5 move against him is around $250,000. A $10 move against him is around $500,000.
And Gold can move $10 like it is nothing. That is how Gold traders get destroyed. Not always by a crash. Not always by the news. Not always by manipulation.
Sometimes, a normal candle is enough. Gold moved against him. It did not need to move far. It only needed to move enough.
The account started bleeding. Then it started collapsing.
By the time it was over, the account had dropped from $6 million to around $270,000.
Read that again.
$6 million to $270,000.
Roughly $5.73 million gone.
Not because he could not trade. He had already proven he could. He lost because he stopped respecting risk at the exact moment he needed discipline the most.
This is what every Gold trader must understand: Winning is not safety. Winning can become a trap.
Winning makes you feel untouchable. Winning makes you believe the next million is guaranteed. Winning makes you forget that every trade can still go wrong.
The market does not care what you made last month. It does not care about your target. It does not care that you want $10 million.
The market respects only one thing: Risk. Every trade is a new event. Every setup can fail. Every position can turn.
The moment you forget that, the market sends the invoice. And it collects in full. His mistake was not trading Gold. His mistake was not wanting more.
Ambition is not the enemy. Every serious trader wants to grow. His mistake was allowing ambition to decide his position size.
There is nothing wrong with growing an account. There is something wrong with risking the whole account because you want to grow faster.
Professional trading is not about being excited by your profits. It is about being protected from your own emotions.
You do not increase size because you feel confident. You increase size only when your risk model allows it.
You do not trade bigger to prove a point. You trade the size of your account so that it can survive.
Before every trade, the first question is not: “How much can I make?”
The first question is: “If I am wrong, how much do I lose?”
Because survival is the real strategy.
If you survive, you can trade tomorrow. If you protect your capital, the next opportunity will come.
But if you destroy the account, the best setup in the world becomes useless.
He took $800,000 to $6 million. Then the desire to reach $10 million led him to abandon the discipline that had got him there.
Gold did not punish him for trading. The market did not punish him for wanting more. He got punished for disrespecting size.
Gold rewards patience. Gold rewards precision. Gold rewards discipline. But XAUUSD has never forgiven an oversized position.
Once you've found your edge you will know.
To keep it you have to keep working & maintaining it.
Even in losing streak, it is just a lapse, a phase that the market shows you who's still the boss, it doesn't mean your edge have failed.
Always remember, your edge didn't promise you 100% win but that "you've found something that will help you protect your capital while you make more & lose less"
Study:
1. Sun Tzu.
2. Julius Caesar.
3. Genghis Khan.
4. Hannibal Barca.
5. Alexander the Great.
6. Napoleon Bonaparte.
Do not just read them like history stories. Study them like case files. That is how you extract value. Also study their failures. That is where the real wisdom is.
Once you get funded after all the struggles through challenge phase, CALM DOWN
Trading a funded account is beyond knowing your entries and exits.
Two major things you must do:
- First, strip off all the responsibilities you want to use your payout to solve from your mind, constantly remind yourself "the problems/ responsibilities will be solved with or without the funded account anyways". Life will definitely go on whether you have the funded account or not.
A constant reminder will condition your mind to be patient and trade better.
- Secondly, remove set target for your payout from your mind, don't condition your mind to a particular figure that you must get to before you can request for payout, many have lost their funded accounts from huge profits back to drawdown because they want to make all their profits in one payout.
Take what you see and start again, once you withdraw into your account you'll appreciate the money more. As you are looking for $10K, if you see $1K grab it, if you're looking for $1K, if you see $100 take it out, don't postpone your payout because it's not "enough" you may cryyy at the end.
If you’re already doing well with your trading, skip this post.
But if you’re still struggling with TA…
Before you finally give up on forex, enter here 👇🏾
https://t.co/vcTthP4qie
Even if you don’t want to stay in the channel, just download all the videos, take a 1-week break, then come back and start watching carefully.
Take notes 📝
Practice for 30 days after watching, and you’ll see the difference yourself.
Most of the videos are just 30 minutes max, straight to the point.
RT for others ❤️
You’re welcome.
And you may not need to pay for any mentorship again when you’re done .
These videos are completely free
This is how my lovely wife and I practice our marriage.
I don't know of any other marriage that would produce a better result than this one.
You Gen Zs need proper mentorship and guidance.
Your iberibe is too much.
Someone will soon come under this to give AI comment.
End.
Most times when there's a major liquidity draw at your target zone before the entry is visited price always raid the entry, you have to check well if there's a liquidity yet to be drawn at your target zone.
Example: a scenario on $xauusd
Now the purpose of this thread is to show you that it is not everywhere you see the model that you rush in, YOUR TARGET IS JUST AS IMPORTANT AS YOUR ENTRY.
After checking for the criteria that makes up the model, always be patient to check the TARGET 🎯