Golden rule of trading:
Ignore everything outside your system.
No other systems.
No other opinions.
No other people's trades.
Focus 100% on your system.
That's trading maturity.
When it comes to backtesting I always use the rule of 2.
I expect live result returns to be x2 less and the drawdowns to be x2 more.
This is usually more realistic.
Every trader faces losses, but
it's the determination through those setbacks
that separates the successful from the defeated.
Quitting guarantees failure;
persistence opens the door to success.
Trading is easy in concept but difficult in execution
The more you want to win on every trade, the harder it is
It can be hard because you want the perfect entry and exit, or because you hate to lose money on any one trade Accepting big wins & small losses makes it easier
Taking a loss instead of breaking your trading rules is a sign of maturity.
No more FOMO.
No more fear of losing.
No more breaking rules.
Start being a successful trader.
You really can open your chart anytime of the day, anywhere in the world and make money with your edge.
Forex
Synthetic
Crypto
The life that trading provides >>>>>
If you don’t reflect and review your performance and make plan to improve and do better next week, nobody will do it for you and you won’t get the result you wish for.
It takes intentional effort to improve, the longer you avoid the work needed the longer the results take.
It’s weekend, do the needful 💙
Forex trading is a game of the dead. It’s an emotionless zombie game.
Immediately you start catching feelings that’s when you find yourself closing too early, holding a losing trade longer hoping for a reverse that would never come.
You gotta die internally to live with this. That’s why whenever I post any of my trades here the normal humans will look at me like I’m crazy. Like I’m delusional.
I lost $4k on a $10k account they want use am drag DOL name to the mud on twitter. I laughed and kept scrolling cos they really don’t know what it takes to bag up in this game. They think this is child’s play. This is a game of the dead
You’re doing it the normal way hence whenever you see what DUKE DARLS did it starts looking like a fake to you.
Bro I no get work, I be jobless boys. Na forex I trade and I sabi am. You too fit sabi am.
Synthetic go give you money quicker than forex. Take it to the bank and tell them I told you that. I want make many of una chop from this P too cos Omo, e sweet. I no get work but I Dey pay people salary.