The_Observer

Nosce te ipsum

[The_Observer @Manuel_SeriousD]

If you quit, it's really easy to predict your future

[Albert @Albert_618]

The most important Part of your System is You

I See many Traders trying to make it work. Those who actually get to a point where they make money know themselves very well.

You can only perform so well, like you treat yourself. Your Performance is a mirror.

Trading can be used as a mechanism to numb yourself - close to nobody talks about that.

If you are in the perfect state of mind, yes bit utopia here, I don't believe anything is perfect but lets say you are - you have no reason to numb yourself. You have no reason to Risk at a random place. You don't have to prove anything to anybody... in the state of mind needed for trading, you just execute what worked before.

There is no looking for answers, theres just you and the skill that you apply.

This means you have the most powerful part always under control.

But how do you treat Yourself? Do you walk enough? Eat and sleep good? Are you satisfied with what you do? Can you take control over your fears? Can you erase your Ego when you look at the chart? Can you be patient?

Every trade you plan and take is an expression of yourself. And how you trade speaks a lot what is actually happening inside you.

Examples:

Exorbitant high Risk to Reward - it can be either Ego or Fear to risk more. Face the reality: For a small risk it might be good, but can you risk 2-3k and hold it to 50R and higher? Is that realistic? Can you even enter with this much margin? Does your TP get filled? Or even your entry on that tight SL? Not saying it doesn't work for everyone - I just rarely see it.

Non Stop Scalping - can be the need for Dopamine, the need to feel something or the wish to make it ASAP... I did it this week and you see in the PnL compared to the week before, it didn't help.

Exiting Early - pretty often we transport old traumas from previous trades into the next one. Let's say you round tripped a month of expenses... it's just logical to close early isn't it?

Over/Underrisking - often shows impatience or is a signal for being unconfident. I often underrisk when I have a win streak. You can find a 10W streak on my profile that I played public on the Discord - the more wins I got the smaller the size I took. I just got unconfident.

Not Executing - most of the time people talk themselves out of Trades.. why? The System is simply not ready to enter an environment where you make money while losing. My personal favorite: "I was waiting for confirmation" - thats just fear talking. What confirmation? Theres nobody coming and telling you "yes now since it SFPed it will give you the money you desire". The "confirmation" thing is just another layer of fear you have to uncover.

Hopping Edges - There was a time where everybody aped BBs, then many abandoned them. Why? Most just never tracked those that worked vs. those that failed. Many never been ready to encounter the path of building a profitable System including facing themselves - so they choose the easy route: going for the next shiny thing. This is either laziness or the opportunistic belief that a specific knowledge will gift you endless money. Thats a trap you lay out for yourself, nothing else.
You should do the work and track the Edge you actually using.
This would build Discipline, an extreme important skill you need for the most fragile part of your System - YOURSELF

There are way more behaviors that show at what place you are actually at. The essence of maintaining the most important part of your System is repetition. Same like on the chart.

You find something that happens before you mess up? Categorize it - eliminate it or simply don't trade then. Repeat.

You find behaviors that might send specific Signals? Talk about it, not always to get an answer but to change perspective. You don't need to talk to the best trader in the world for that, pretty often when we speak about something everything gets clear. Repeat.

The better you treat yourself, and treating yourself as a part of the System good, doesn't always mean it should be comfortable. Many things you gonna face in the process are painful at the beginning.

The outcome isn't. The pain is just temporary.

How do you treat your System and did you ever consider yourself being part of it? It's easy to lose yourself in the Process.

I encountered all these things by myself. And everybody who wants to go the path will face similar things on their way - theres simply no way around it.

The most beautiful part: Every time we Size up, everything repeats. The same behaviors. The same things happen - but you get more conscious of it. It becomes simpler to work with it.

[Yumi🌸| Probabilistic Trader 18+ yrs @samuraipips358]

The urge to check your P&L every few minutes is proof that you are still attached to the outcome of this one trade.

[Yumi🌸| Probabilistic Trader 18+ yrs @samuraipips358]

One trade will not change your life, and you must not let it.

What changes your life is your consistency.

[Yumi🌸| Probabilistic Trader 18+ yrs @samuraipips358]

A trader is not the one who wins.

A trader is the one who repeats.

[Zherka @ZherkaOfficial]

Slow is smooth
and smooth is fast

[The_Observer @Manuel_SeriousD]

@OuzyTs In my case, the hardest skill to develop is the ability to hold a position for a long period. Psychologically speaking, you need strong conviction and the ability to keep your nerves steady. Regarding the DAX today: I planned for a 3R return but closed at 2.5R. Clean delivery

[Tom Dante @Trader_Dante]

You should try to add to a trade that is confirming your thesis, provided the addition fits your plan, the upside is still asymmetric, and risk remains controlled.

Or more simply: when you believe you have the market by the balls, squeeze them harder.

[The_Observer @Manuel_SeriousD]

@xectrading Hola! Me gustaría probarlo!

[nemmy @nemmyts]

@traderpurge Being a good trader is much harder then being a good analyst, but also much more important.

easy when you have many attempts, hard when you're selective with few.

[nemmy @nemmyts]

@AccurateTradez slow and steady wins the race

[nemmy @nemmyts]

It took me 1-2 months to learn my system,

It took me 3 years to learn how to properly trade using that system.

[Digi @digiii]

refuse to believe in limits. refuse to accept limitations. if you truly want to win, act now.

[nemmy @nemmyts]

@ComaSpace23 If the HTF is bullish and we are dropping lower into a bullish key level, below an old low, during london, on a tuesday, then I don't need confirmation. The daily and weekly charts are my confirmation.

I'll let everyone else chase the distribution.

[The_Observer @Manuel_SeriousD]

@nemmyts Thanks. I'll take note.

[BasedClipsMedia @BasedClipsMedia]

The Leap of faith needed to avoid permanently repeating🔁 the last 7 days.

"Whatever you're doing has NO RISK attached to it, so nothings happening"

[Digi @digiii]

I HAVE NO PRIME I WILL EVOLVE UNTIL I DIE

[~M @MartinBerberski]

Take time cuz u can’t rush greatness.

[aunicity @aunicity]

The independent trader that can master their own mind and truly understands personalized money management paired with ironclad capital preservation is the trader that will outlast all the rest

[conduct|r @conductr_]

THE FASTEST WAY TO WIN IS TO FAIL FASTER. EVERY SUCCESSFUL PERSON KNOWS THIS BY HEART. LEARN FASTER. WIN FASTER. CHANGE YOUR IDENTITY BY CHANGING HOW YOU THINK