Most traders lose money. Not because their strategy is bad, but because their risk management is non-existent.
Amateurs risk what feels right. Pros risk what their system dictates.
Here's a 7-step playbook to build a professional-grade risk model. 🧵
You think cowardice is your friend,
You think safety and comfort are your allies.
You will watch them all transform into regret as you get older.
Then they will stab you in the heart before you take your last breath.
I recommend befriending bravery and hardship instead.
Marriage is hard.
Divorce is hard.
Choose your hard.
Being in debt is hard.
Being financially disciplined is hard.
Choose your hard.
Trading is hard.
A 9 to 5 is hard.
Choose your hard.
Life will never be easy, but you can choose your hard.
Choose wisely!
No raid, no trade
Clear displacement, look for order placement
Left behind a gap, order placement is a snap
Cracks in correlation, what a great confirmation
Equal highs and lows, where price wants to go
Called to the tick, so random it makes haters sick
#ICT#trading
A lot of people have been asking how to move their group chats from other apps to Signal, and Signal group links are a great way to get started. Drop a group link into your former chat app of choice like you're dropping the mic on the way out.