@mintedtrading saw your july 4 special deal. Can we get something for the monthly?? Can’t believe I didn’t get the $2100 all in deal when you first launched smh
Trading is a biz. You have to treat it as such.
Many gamble every day, hoping to make money and grow an account. They won’t. Hard facts and truths are coming…
The market has been in range for months.
You have to know when to hit it hard and when to dial it back & protect capital. That's not the hard part...
If you don’t, you’re just showing up to gamble your money away...
The hard part is sticking to your rules and showing up, expecting nothing in return for long periods, if necessary.
Right now, all the weak hands, gamblers, & those that can't do less will quit when the market is hard and in range.
Did they learn anything? No, just how to quit… They are just a statistic by choice.
Success is also a choice...
It’s a choice to oversize.
A choice to overtrade.
To revenge trade.
To chase moves.
To sell early.
To force trades.
To be greedy.
To be fearful.
To do less...
The list goes on. But you choose to let those things happen...
You learn when it’s hard, and you build character and skill.
Your trading biz won’t make money when it’s easier if your business doesn’t survive when it’s hard.
Few understand the game. You park your ass in the chair & do nothing if it comes down to survival, but quitting… That’s a brutal pill to live with...
The biggest myth on this app is you have to bust your ass 7 days a week to get the car, watch & freedom...
Truth is.. You just need to get the screen time in to understand price action, risk management, RR setups and then implement discipline into your plan...
Once you understand a few principles, the rest comes down to doing less, waiting for low hanging fruit setups and hitting it..
Trading full time doesn't mean 40 hrs a week.
You dont need to spend 40 hrs a week to make money.
Money can be made in a few hrs,
Many choose to waste their life chasing a dollar and never have the freedom..
Some folks want to complicate this game.. I want to give you a piece of information as to what I do in my trades…
Most of the money I make in all my trades is in the first hike up.. it’s called secure the CF, then trail out and hold runners from there if possible..
The first hike usually pays 15,25,35,50%ish.. idc if it takes 2 mins or 20…
Occasionally I get a monster runner and it pays more than my initial CF, but runners really just round out all the small wins or losses..
You Do NOT have to hold a trade for hrs or days to make money..
I repeat… about 90% of my money is in the first hike… could be 2 mins, 5 min, 10mins etc..
Too many hold every play for hrs or days trying to make 500% gains & give it all back bc “it wasn’t good enough”
Not really going to happen on every trade in every market.. learn to take the CF (Cash flow) and be happy you took something from the mkt..
1. Keep the focus list narrow. Stay disciplined and keep focus on the best setups.
2. Keep the Equity Curve within 10% of highs. It allows you to operate from strength if any big opportunity arises. (Yes, I know sometimes shit happens but this is what you should strive for.)
3. Less is more. "I like putting all my eggs in one basket and then watching the basket very carefully" - Druck
4. Compound interest does wonders. This is a marathon, not a sprint.
5. Become a visionary. Have the belief that you can be ultra-successful and achieve super returns.
6. Passion. If you don't wake up every morning excited to do the work then you will never make it in this game.
Happy Holidays Everyone!
Affirmations RIGHT BEFORE I sleep & RIGHT WHEN I wake up:
1. Money comes to me easily & effortlessly ✅
2. Money is attracted to me like a magnet ✅
3. Money just shows up in my account ✅
4. I intended to profit X amount of dollars trading/investing ✅
SPEAK IT INTO EXISTENCE 🗣
So you want to be a trader and make 6+figures but you don’t want to put in the time or money to self educate…
News flash, Here is a perspective for you…
YOU WILL PUT IN TIME AND MARKET TUITION IF YOU WANT SUCCESS…
There is no way around it.. Thats why this biz isn’t for everyone, it’s only for those that want it.. There is no instant success..it’s hard fking work…
It’s no different for these careers below..
Each career below takes time (YEARS) before they make that money. And a large tuition coast to go with it…
At least with trading YOU pick your tuition costs..
Top 5 highest-paid professions (with avg tuition costs and years till you start making that check..):
1. Surgeon: Salary $400-800K (12-16 yrs, $250K+ tuition)
2. Anesthesiologist: $400-600K (12-14 yrs, $250k+ tuition)
3. Orthodontist: $300-500K (10-12 yrs, $200K+ tuition)
4. CEO: $200K-$1M+ (10-20 yrs exp, $100k+ tuition)
5. Doctor: $200-500K (10-15 yrs, $250k+ tuition)
Biggest question I get... "how do YOU know when the day is going to trend all day"... NEWSFLASH... YOU DON'T... Not 1 account on X does... BUT.... I know how to hunt for value and that's where I sit & wait to hit it every single day..
You become one lucky S.O. B. If you are always looking for value vs chasing breakouts.
You are ahead of almost everyone besides big money if you have the right system in place like I do...
I have a room full of traders that are now self-sufficient hitting these lows making 200-1000% plays on their own because they put those same systems / processes in place and make it part of their routine..
If you are going hunting, you better know where to hunt...
If you are going to fish, you better know where they bite...
"Skate to where the puck is going, not where it has been."
Instead of chasing what’s already happened, try to get a step ahead to where it's going, then look for the rebound..
Everyone else is just chasing the fking puck around...
You want different results, You have to do different things than the pack..
When I first started trading, it took $50k in "dumb" losses just to "figure it out."
That doesn't mean $50k was my largest loss to date. I've had many large losses. I am numb to seeing $50k up or down in a flash while in a trade. But you have to condition yourself mentally for proper swings in your account that align with the correct risk for that to even happen.
There isn’t a day where trading just clicks, and the lightbulb comes on, and you become profitable. You have to crawl through the trenches and get dirty.
Deal with the shit no one wants to deal with emotionally first.
You have to battle your inner self every second of the day because, at the end of the day, this battle is truly you vs. you. It’s not about money; it’s about a challenge to better yourself, and trading is only rewarding when you make good choices based on that betterment.
Many come to this game to replace a job or to make money. That’s fine, but expect an uphill battle and beating the shit out of yourself on the way.
Everyone goes through the tuition phase to some extent. Until you "figure" yourself out, it could be years and a lot of lost money for some. For others, it might just take enough to get your head out of your ass. For many, the main problem is they need to be right.
They need this to work now but don’t want to put in the man-hours to study hard and keep their emotions in check.
On the surface, this can look "easy" after a long time, but it’s still a daily battle even after many years as you level up.
It’s very easy to get tilted at any level if you don’t control yourself.
It does get easier in time, but you have to control you first... That include risk, discipline, patience & the willingness to do the work...