Nicus

A trader
Preacher of mental and psychological part of trading.
Technical Analyst
FX trader
Pain before Profit

[Nicus @IamNicus]

Plan the trade and trade the plan.

[Inveztor Witty💰💵🪙💸🐐 @InveztorWitty]

Two years and still counting...🥺🥺
Still in bed, unable to get My life back.
Once a very active young boy, hustling to survive and take care of himself and younger ones, now reduced to a near disabled young boy for more than two years now. 🥺🥺🥺
I am JAMES OGECHUKWU by name.

[Nicus @IamNicus]

@FortuneMMXM A masterpiece

[Nicus @IamNicus]

@SirPickle_ NOTION

[Nicus @IamNicus]

Remember its not by the amount of trades you take but it's about sticking to your rules and also thinking long term, don't let just one week result determine how good or bad a trader you are.

[Nicus @IamNicus]

Last week and this week price action on Gold has taught me a lot on patience, if you are not patient and always want to be pressing buttons you'll end up loosing all your money, patience is one of the key factor to profitability.

[Nicus @IamNicus]

You need to master yourself first before you can master the market, the best traders know what will happen next if they see how they react to the outcome of a trade, why? Because they have master themselves, self mastery is important in the journey of profitability.

[Nicus @IamNicus]

@Mide_RichieFx It's not looking good brev 😂😂😭

[Nicus @IamNicus]

@1MINUTETIP Losses are part of the game, you can't do without it.

[Nicus @IamNicus]

Stop going up and down looking for the holy grail strategy because there is nothing like that, get one working strategy refine and refine to your taste, work on your risk management plan and discipline, win more than you loose and with time you'll be fine.

[Nicus @IamNicus]

@Mr1CT Using premium and discount I'll go for B, but we are just mere speculator of the market, the market can continue it's trend from A without retracing to B.
Let the market show it's hand then you strike.

[Mide_Richie ☆ @Mide_RichieFx]

Stop chasing every setup.
The market isn’t going anywhere.

1 - 2 solid trade a week is better than forcing 5 every day.
Discipline isn’t just about entries —
it’s knowing when not to trade.

That’s how you last in this game.
$FOCUS

[Mide_Richie ☆ @Mide_RichieFx]

Seeing 5 trades a day is not professional and almost impossible. (Well depends on your strategy) .

What lead you to you taking 5 trades a day is “Revenge”

First trade - SL

Second trade - it looks like you had a wrong entry and you don’t want to miss the move , you enter again - SL

Third Trade - you’re now emotional, you want to catch just 5 pips to all the money you’ve lost - you go in with very huge risk , so you could recover all you’ve lost with just a small move in your direction. - SL hit , account almost blown .

Forth Trade - you whey dhe use normal SMC strategy, you switch to Support and resistance cos you are hungry to catch a winning trade and you want to enter as soon as possible - you see price at 1min support, you rushed in with a buy - SL.

Fifth trade, now you’ve accept the whole loss and you don’t care bout the account anymore, you will just enter a random trade , that if the accout blows it blows , you enter the trade and close your mt5 , expecting a miracle when you come back. You open MT5 30 mins later - Ballance at 0.00

This sounds familiar ?

[Nicus @IamNicus]

Work more on your psychology and discipline, taking upto 5 trades a day is soo unprofessional, look for 2 quality setup a day and at least 4-5 quality setup a week and capitalise more on it, quality over quantity.

[Nicus @IamNicus]

Technical analysis is the easiest to learn in trading, but self mastery is the hardest.

[Nicus @IamNicus]

Dear Trader, technical analysis alone is not enough to make you profitable, you need a good risk management plan, controlled emotion and discipline.
An undisciplined trader can never be successful and profitable.

[Nicus @IamNicus]

Good risk management plan will save you from blowing your account in a turbulent market, get a working strategy, work on your psychology, get a solid risk management plan, and you are good to go.

[Nicus @IamNicus]

@DemetriusRO6 Fr Fr 😂 😂

[Nicus @IamNicus]

Believe me an undisciplined trader can never be profitable, being disciplined is very hard yes I know that, but if you really want to be profitable you have to be disciplined, push the button only at the right time.

[Nicus @IamNicus]

Rule No 1: Never trade counter trend no matter how sexy the setup looks, believe me it's a setup to set you up

[Shubhankan Tiwary @Shubhankan007]

Today, I completely lost control of my mind — worst day to be honest. I broke all my rules. Even though I had a clear bullish bias on my weekly outlook, I didn’t follow my pre-decided plan and ended up trading counter-trend.

Started the day with +2% on my account and ended at -2.45%. That’s a total loss of -4.45% today.

I’m sharing this so you can learn from my mistakes — I learned it the hard way.

Wishing you a profitable week ahead!

[Nicus @IamNicus]

@Techriztm Don't have one, love yours tho