King Epifally

The Best Loser Wins... ✍🏾

[Gene @realweirdgene]

This is what’s been sold: “once you find your edge/model, you’ve found success”.
You see, there’s the idealistic, and then there’s the reality:
The truth is your edge is never static, because market conditions never are. Once you find your edge, the work is only starting, and that work is constantly tweaking/refining, because I can guarantee that whatever model you trade, will inevitably produce losses for extended periods of time if it remains static.
“What edge works best for this market condition” is where your career lies in.

[Gene @realweirdgene]

Decided to post my write-up on “market conditions” to my community’s X account instead.
Planning to use it for deep-dive educational lectures and sharing my market research 🤝

[Nico @WelLdoOnEe]

See what happens when the price runs without you.

A missed entry can start to feel like money taken from you, and your brain will want it back.

So, you enter late. Not because the setup has improved, but to make the feeling stop.

[Gene @realweirdgene]

How to “unfuck” yourself:
Step 1: Stop feeling sorry for yourself, get your mental right and turn your frustrations into rage and definiteness of mission.
Step 2: Go through an arc: what habits needs to change, who’s this new version of me? What does he look like?
Step 3: It’ll suck for a while, but this is part of the process of “unfucking”yourself. Create a routine, ignore outcomes, focus on consistency of input
Step 4: Grind until you get that one win, that’s your silver lining, build momentum from that.

[Nico @WelLdoOnEe]

Your brain treats an unfollowed plan and a broken plan the same.

Each time you deviate "just this once," you're not making an exception.

You're teaching yourself that the plan is optional. This lesson compounds faster than any win.

[Rebel_13 @Rebel_ACM13]

@realweirdgene Stitched to indices this year. The diff is absolutely insane. After forex this shit feels like hot knife thru butter smooth.

Far easier but insanely fast, if u offside u fucked as well, but much better than the grind of forex.

[Nico @WelLdoOnEe]

The problem isn't that you don't know what to do.

You know exactly what to do.

The problem is that it feels too slow, too boring, and too uncertain.

So, you look for something better.

[Gene @realweirdgene]

https://t.co/5HfLhLFiik

[King Epifally @KingEpifally]

@HRMKDAN Got funded 6 times and could only get a payout as from the 6th time, so be strong

[Alyse the MV @alyse_themv]

You can catch the recording here 🙂

[Alyse the MV @alyse_themv]

Read this shared post first so you can understand what I’m about to review;
The backwards law or also known as the law of reversed effort.

I want to relate this to trading because it applies. We are training our mental aptitude more so than our physical conditioning.

The paradox is that the harder you try to get profits, the worse your losing streak can get. Slumps in trading are almost always about trying too hard.

That’s because trading profitably isn’t only about effort. Even the law of diminishing returns in economics covers this as well. At some point, more of the same stops paying off.

Traders aren’t only rewarded for effort, we are rewarded for proper execution. In essence, you are rewarded for your choices > your time / effort.

The effort that does pay in regard to trading, is that outside of the actual actions of trading, which is your preparation & knowledge. Then when it comes to the actual execution, focus on flowing & non attachment.

There will always be factors in trading that are out of your control and trying to control those factors will drive you nuts, just like in this navy seals exercise, you can’t control all the variables but how you react to them.

[Jessica Ramos @sayyes2jess_]

Laziness kills ambition

Anger kills wisdom

Fear kills dreams

Ego kills growth

Jealousy kills peace

Doubt kills confidence

Now read that right to left.

[King Epifally @KingEpifally]

Facts

[Alyse the MV @alyse_themv]

I used to think when I was a more novice trader that the best feeling was from my profits but now it’s when I execute my strategy with precision.

See you can have bad habits, be lucky, & make profits but it’ll hinder your longterm journey & you won’t have consistency with luck.

Once you gain experience, you obtain the knowledge of learning better which means you have to do better to continue your progress.

Doing better aka practicing discipline on your developed strategy is very rewarding and those profits feel 10x better.

[Alyse the MV @alyse_themv]

When you judge someone else, understand you barely know anything at all about that other person’s life

[Alyse the MV @alyse_themv]

Those who perform well under stress the majority of times are those whom have prepared themselves beforehand for that scenario.

Foresight to react to any outcome can be a trader’s strength. Especially in worst case scenarios. Not knowing what to do in stressful events will always magnify the losses. I speak from experience in times where I held losing trades too long.

If you don’t prepare, that day will come and you will freeze or worse, expand the issue. Murphy’s law always has its day, prepare the best you can.

[Alyse the MV @alyse_themv]

Catch the recording if you missed it live 🙃

[Alyse the MV @alyse_themv]

This advice may sound cheesy to some but I’m going to share because it helped me change the way I think and approached my trading.

Many times we are stuck in habits. Some may not serve us but we don’t know how to change them. As I thought about why most make the decisions we do, it’s typically based off of what feels safest to us.

In essence, we are making decisions from a place of fear. The “safe bet” may have worked out before so we repeat that. Just because it worked in the past doesn’t mean it’s the best choice for us to make every time though.

When I wanted to try new ways of thinking, I asked myself:

“What would I do if I wasn’t afraid?”

Then I went with that. I tried things that previously seemed overwhelming or impossible to me and then I surprised myself with the outcomes. Some of those things may still not work but the things that do really open up your mind. Being fearless isn’t easy for everyone but facing what has boxed you into your current reality may be the nudge you need for a new breakthrough.

[David Brumbeloe, Jr 💯% Not Financial Advice @merk2300]

"Journaling is important because you see what you need to do, but implementation is more important. Journaling is only one part of it. There's no point in being aware of what you're messing up if you haven't implemented a system to change that issue." @alyse_themv

@desiretotrade

[Alyse the MV @alyse_themv]

My definition of

Discipline: The highest level of self-respect. The more you honor your commitments, the higher your self respect grows.

[King Epifally @KingEpifally]

@grok answer this

[Wakkie @Big_Wakkie]

What will happen if I plug this to the charger? 🤔