Charles Ede

“One must imagine Sisyphus happy” - Albert Camus

[Charles Ede @EdesMindMap]

@I_Am_The_ICT @LumiTraders Hello Michael,may I send you an email detailing everything I know and understand about Orderblocks?I promise that it will be an enjoyable read,and I’m sure it will put a smile on your face knowing someone understands. You are a mad genius and I’m so glad to have crossed your path

[𖣂Prince𖣂 @OS3992]

Do you ever feel this way?

[Charles Ede @EdesMindMap]

@I_Am_The_ICT Trading for a living by Alexander elder (more specifically, the first part of the book - Individual psychology)

[Charles Ede @EdesMindMap]

@jtrader Panicked on that deep retracement

[Trader Theory @tradertheory]

New traders on their way to find a new trading model after they suffer 1 losing trade

[GreckoThe1🥷🏿 @Greckothe1]

😂😂😂😂😂😂💯💯

[Tom Dante @Trader_Dante]

Far from getting rich quickly, it’s insanely hard to earn even a basic living without a huge deal of screen time, a love for solving numerous problems, the discipline of a religious zealot, zen like patience, nerves of steel, ruthless decisiveness, and an indomitable will.

[Daye @traderdaye]

Success is not built on success.

It’s built on failure.
It’s built on frustration.
Sometimes, it’s built on tragedy.

[Trading Composure @TradingComposur]

"How strange and foolish is man.

He loses his health in gaining wealth.

Then, to regain his health he wastes his wealth.

He ruins his present while worrying about his future, but weeps in the future by recalling his past.”

~ Ali ibn Abi Talib

[Charles Ede @EdesMindMap]

@Romeotpt

[Charles Ede @EdesMindMap]

@Getinwithgame @EzeCDaniel1 Goated reply

[AM @_amtrades]

a path to sustainable trading

everything you need to do,
not the easy but the necessary

one year done properly can change everything

first,
stop comparing yourself to other traders

forget the trades they took
forget the profit they posted
forget the analysis they shared

none of that progresses your own trading,
it only adds unnecessary pressure and expectations

everyone is at a different stage in their development

when it comes time to press the buttons,
it will only ever be you and the charts

any outside influences causing you to hesitate on your decisions, feel impatience, or pull you outside of your trading plan should be removed

the only thing that matters is the ongoing information the market is providing from your own perspective

anything else is negative

you can learn from traders,
but do not force yourself to replicate them

second,
avoid consuming targeted content

“learn ICT in 30 minutes”
“100% win rate strategy”
“easiest model to learn”

or anything shared in a similar manner

ask yourself how serious you take this

you should be drawn to educational content for the potential value being offered,
not because of a perceived shortcut

these people only want your attention,
and are willing to choose views at the expense of their followers progress

never be a victim to this

establishing any notable edge in efficient markets will take a lot more effort, time, and refinement

shortcuts will only lead to disappointment,
everything good in trading exists on the other side of the tedious work

third,
journal every single trade you place

across all accounts,
under any trade outcome

everything

journaling can be uncomfortable for some,
it was for me at the beginning

it will expose the reality of your performance and force you into change

if you never address your losses,
your mistakes will slowly become consistent habits

if you never address your wins,
you will never be able to highlight the positives

and at the same time,
there are bad wins and good losses

being able to distinguish between the two through journaling plays a significant role in refining a process

fourth,
focus on learning just one price signature

the market distributes money to traders with defined edge and takes from those who are inconsistent in actions

being average in many approaches will never compare to being proficient in only one

if you do not know where to start,
my recommendation is always to focus on capturing expansions within one specific market and time window

expansion is the intermediary phase of price delivery between consolidation, retracement, and reversal which offers the least resistance to price objectives

once a skill to anticipating expansions is established,
you have a foundation to build from

entries become simple
managing trades becomes simple
knowing when to participate becomes simple

not easy, but simple

regardless if this recommendation fits you,
focusing on one price signature is about concentrating your edge to specific moments when price is obvious and you can perform best

fifth,
learn to be comfortable while remaining sidelined

this is the final point because it is crucial learning point

many attribute sitting out to missing out on opportunity,
often due to my first point

seeing others trades
seeing others profits
seeing others analysis play out

allowing external and irrelevant factors to influence your emotions and decision making on a market which does not see any of those things

this is why patience is a struggle

you simply need a perspective shift

the purpose of being sidelined is to remove yourself from the market during a time you would otherwise be at a disadvantage

protecting your capital during times which you would likely be at a loss is the equivalent to making money

if you can consistently protect your money,
your wins during times when edge is present will be emphasized and not drowned out by previous losses

that is how you get the highest expected value out of any trading system

at the same time,
remember that being hesitant in an abundant market is just as harmful as being ambitious in a market which is not offering

both are important when understanding the line between patience and a trade opportunity

and that is it

if this could help lead just one person in the right direction,
that is good enough for me

these are the lessons among others that I will continue to preach throughout 2024

will be closing my year on that note,
trading begins again next week

[Charles Ede @EdesMindMap]

@CryptoLessons @AzkTrades @DodgysDD Study hard and long. You won’t regret it.. The trading lessons starts from episode 2: https://t.co/16D1gXVMye

[Charles Ede @EdesMindMap]

@I_Am_The_ICT Every week, Everyday, and it won’t stop..⚙️

[The Inner Circle Trader @I_Am_The_ICT]

https://t.co/DdrCAcKuLx

[Zach Smith @FairValueGod]

ICT teaches you:

1) How price is booked.
2) Where price will draw to.
3) How & when setups form.
4) Exactly what hour to enter.
5) How to think as Smart Money.
6) How to plan for growth.
7) Risk Management.
8) Responsibility & self-control.

An entire toolbox at your fingertips.

[The Inner Circle Trader @I_Am_The_ICT]

https://t.co/PkSfqNn9jN

[Charles Ede @EdesMindMap]

@casper_smc @Topstep We share the same birthday. Happy birthday Casper!!! Enjoy your day like I would mine.

[The Inner Circle Trader @I_Am_The_ICT]

https://t.co/klyZVcDV9D

[Ascendant Power @AscendantPower]

Talent looks like art

Mastery looks like magic