Guess I’m the only one that’ve not resumed trading 😅
Sha resetting my trading room setup in my new apartment
Next week I’d resumed, what pairs have been printing for you guys btw? Lemme add to my watchlist
Trading or not you need discipline to win in life.
You also need consistency to win
You need to think in probability
You need long term mindset
You need risk management
You need perseverance
You need patience
Trading just makes sure you don’t win until you fix them all.
Work on them everyday till you win.
GM💙
The Draw on Liquidity is going to be one of three things:
1) Buyside or Sellside liquidity resting above old highs or below old lows.
2) FVGs and imbalances above/below market price.
3) Equilibrium (50%) of the current dealing range.
No money, no trading success.
You win every month, but your account is too small.
+2%.
+4%.
+6%.
But it's still not enough to pay bills, rent and other stuff.
The size of your account matters:
- 2% on a $1,000 trading account is $20.
- 2% on a $10,000 trading account is $200.
- 2% on a $100,000 trading account is $2,000.
- 2% on a $1,000,000 trading account is $20,000.
That's why most traders take big risks.
That's why most traders blow trading accounts.
If you have small accounts:
- Stop focusing on money
- Start focusing on risk and execution
- Start focusing on accumulating positive gains
- Start focusing on building confidence to improve your trading skills
After 1-2 years of positive performances you will have plenty of opportunities to get more money:
- Prop firms
- Increase your account
- Trading on commission
- Raising external capital
If you're good at trading, nothing can stop you.
Trading sets you free.
Keep going.
If your LTF bias doesn't line up with your HTF bias..
Ask yourself..
What needs to happen for my LTF bias to line up with my HTF bias?
That is your POI.