DCT.Trader💖

Student of the Market

[Tradewriter @Tradewrite]

Funded accounts are the #1 way to turn a small amount into professional-level income.

But 99% of traders fall into the TRAP of making prop firm owners rich instead of themselves

Here’s the foolproof way to turn your eval fee into thousands, month after month:

[Yumi🌸 @samuraipips358]

Many traders cannot believe in their own strategies or systems.

They immediately say the market has changed, or that their system has stopped working, thus breaking their consistency.
What is not working is not the system, but themselves.

The true value of that strategy or system is realized after accumulating a large sample size, and for that, your consistency is essential.
Do not judge based on the small sample size in front of you.

[Yumi🌸 @samuraipips358]

The results you achieve by breaking your rules are worthless, no matter how large the profits.
The moment you break your rules, you are no longer a trader.

A system with an edge is one that leaves profits after repeatedly winning and losing according to the rules.
Trying to conveniently avoid only losses is the same as abandoning the system.

People who break the rules:
- Do not understand why losses lead to profits.
- Have not properly tested their system.
- Do not understand probabilistic thinking.
- Misunderstand that a trader's job is to win the current trade.

Such individuals are completely unprepared as traders and should learn the fundamentals of trading again before putting money at risk.

This may sound harsh, but it is not me being harsh—it is the market that is harsh.
Never underestimate the market.
If you continue breaking your rules, you will only bring misfortune upon yourself.
Face trading and yourself seriously.

What you need to do and what you should focus on is written here every day by me.

Good night 😴

[DCT.Trader💖 @DCTTraderFx]

Someone I admire said, “If your system has an edge, you don't need to worry about the order of wins and losses.
What's necessary is to maintain consistency and sample size”
Me: 🫡

[DCT.Trader💖 @DCTTraderFx]

Every stressful day

Every sleepless night

Will all be a blur In the past once you reach greatness.

Slow but sure

[DCT.Trader💖 @DCTTraderFx]

In and out on a low probability day 🫡🫡

[DCT.Trader💖 @DCTTraderFx]

Another one …… Boooooomm!!!

[DCT.Trader💖 @DCTTraderFx]

When you understand the ‘game' of trading, you no longer panic. If your stop loss is hit, accept it and move on to the next trade. If your take profit is hit, accept it and move on to the next trade.
Be emotionally numb in your trading, win or lose.

[DCT.Trader💖 @DCTTraderFx]

Here’s to crossing out one of my 2024 goals just in time for Christmas! 🥂 I hope this inspires someone out there to never quit and keep chasing that dream. It is POSSIBLE!

[Yumi🌸 @samuraipips358]

Rather than searching for the perfect system, it’s more important to develop perfect consistency.

With a small edge and a sufficient sample size, you’ll be fine.

[DCT.Trader💖 @DCTTraderFx]

Here’s to crossing out one of my 2024 goals just in time for Christmas! 🥂 I hope this inspires someone out there to never quit and keep chasing that dream. It is POSSIBLE!

[Daye @traderdaye]

It takes some people 2 years, some 5.

You don’t know how long it’ll take to click for you, and to be honest, it doesn’t matter… because after you get where you want to be in life, you’ll be set until the day you leave this earth.

Grind.

[Dan Cheung @wannabechamp]

📈✅

[DCT.Trader💖 @DCTTraderFx]

When you understand the ‘game' of trading, you no longer panic. If your stop loss is hit, accept it and move on to the next trade. If your take profit is hit, accept it and move on to the next trade.
Be emotionally numb in your trading, win or lose.

[Yumi🌸 @samuraipips358]

There is no need to monitor your P&L during a trade.
If you hit your stop loss, you're simply paying the cost you had decided on beforehand.

Your actions should be based on rules, but when you look at your P&L, you only increase the risk of acting based on the judgment of "what to do with this amount right now."

[DCT.Trader💖 @DCTTraderFx]

Another one …… Boooooomm!!!

[DCT.Trader💖 @DCTTraderFx]

In and out on a low probability day 🫡🫡

[DCT.Trader💖 @DCTTraderFx]

Every stressful day

Every sleepless night

Will all be a blur In the past once you reach greatness.

Slow but sure

[Yumi🌸 @samuraipips358]

My Trading Notes for One Day📝

- No matter what strategy you use, you will inevitably face losing streaks.
- You will inevitably experience drawdowns.
- Attempts to recover losses will cost you more.
- Trades made out of fear of missing out are worthless.
- As long as you follow the rules, wins and losses are not your responsibility.
- Your job is to create a system with an edge and then just follow the rules.
- Boasting about your trading skills to friends and family will cause you suffering later.
- Do not mock other people's strategies. It only shows your immaturity as a trader and as a person.
- When you are emotional, explore what thought processes or beliefs are causing those emotions.
- Do not use a system without backtesting. That in itself is a risk and a gamble.
- Systems are meant to be repeated. Incorporate a risk management strategy with a 0% risk of ruin into your system.
- Do not tie wins and losses to your self-worth. What is evaluated is your discipline and consistency over the long term.
- Instead of telling yourself "I can do it" without any basis, thoroughly backtest and trust the system, no matter how tedious. You can do it.
- It's not because you lack capital that you can't win. It's just that you lack skill.
- Put all your effort into things that might improve by 1%. Do everything you can.
- Don't give up.

[Frank369 @FrankOf369]

Do not use your energy to worry.

Use your energy to believe, create, trust, grow, manifest and heal.