MF

CRT Trader | Road to Profitability

[MF @Molay_Trades]

2 years ago I opened my first trading account.

Since: ~$6,600 in tuition, multiple funded account blown, and a framework I trust — ICT/CRT.

Technical ability wasn’t the issue. Discipline was.

July No Rule Breaks live. Posting here daily.
Full accountability.

[MF @Molay_Trades]

Trust the process🙏
Hopefully, first of many.

[MF @Molay_Trades]

2 and a half years later, my first payout has arrived.

This is another example of “trust the process”, never give up until you achieve your goals.

This is just a first step in the journey.
#jobsnotdone

[MF @Molay_Trades]

2 years ago I opened my first trading account.

Since: ~$6,600 in tuition, multiple funded account blown, and a framework I trust — ICT/CRT.

Technical ability wasn’t the issue. Discipline was.

July No Rule Breaks live. Posting here daily.
Full accountability.

[MF @Molay_Trades]

Road to profitability w/ scaling😅

[Ruthie Friska @Ruthiedcgui]

Despair until the first one disappears. Such beautiful curves

[TTrades🦍 @TTrades_edu]

How long until you realize you don’t need to catch the reversal.

The continuation is much easier.

There is a reason why the next day model works so well.

[TTrades🦍 @TTrades_edu]

You can be completely wrong on bias, and waiting for a continuation will save you.

[MF @Molay_Trades]

All about finding the RIGHT “pattern trade”, in alignment with the daily narrative.

[TTrades🦍 @TTrades_edu]

Surprise. Surprise.

If you just pattern trade any model there is likely no edge.

daily bias
intraday reversal

then pattern trade.

[TTrades🦍 @TTrades_edu]

The fix is so simple for this issue.

Stop going to timeframes below the 1 hour chart until you have an established bias or idea.

You will one, likely be less confused, but also be less stressed.

[Dividendology @dividendology]

In the year 2000, Amazon stock dropped by 80%.

Then Jeff Bezos shocked everyone with this letter to shareholders.

This letter will legitimately teach you more about investing than your business degree.

[TTrades🦍 @TTrades_edu]

The most A+ setups will form like this

Daily bias : continuation day

Intraday Reversal : h4 closure + h1 cisd

Entry : Fractal Model aligned with the above.

Go study and comment some examples below.

[Bull Theory @BullTheoryio]

Is Bitcoin in trouble after Google's latest quantum computing breakthrough?

Short answer: not today. But the gap is getting smaller.

Google's new result makes one of the hardest parts of a quantum computer cheaper to build. That part is called "magic states."

Breaking Bitcoin's math needs a very large quantum computer, and these magic states are a big part of what makes it so large.

Google says the method still has to be shown at a larger scale.

In March, Google estimated the attack would need fewer than 500,000 physical qubits. Earlier estimates were in the millions.

A physical qubit makes errors all the time. To run a long program, hundreds of them are combined into one error-corrected "logical" qubit. Google's attack needs about 1,200 to 1,450 logical qubits, at roughly 400 physical qubits each.

Today, Google's Willow chip has 105 qubits. The biggest chip IBM has built has about 1,100. Even the biggest machines are roughly 450x too small.

The harder part is error correction. The most logical qubits reported so far is 96, by QuEra. The attack needs 13 to 15 times more.

IBM's roadmap targets 200 logical qubits by 2029 and 2,000 by 2033.

So if IBM hits its 2029 target, it would still be short of what the attack needs. Its 2033 target would be above it.

Google has already moved its own deadline to switch to quantum safe cryptography to 2029.

Bitcoin's proposed upgrade, BIP-360, has not been approved. Coinbase said on Oct 13 that an upgrade could take several years.

So Bitcoin is not in trouble today. No machine is close to doing this.

[MF @Molay_Trades]

Great read…explanation of the market resilience amidst bearish macro conditions💯📈

[The Kobeissi Letter @KobeissiLetter]

https://t.co/WahTIU665I

[The Kobeissi Letter @KobeissiLetter]

https://t.co/WahTIU665I

[Matthew Hyland @MatthewHyland_]

Interesting the people that bought the bottom are unamused by volatility while the people who missed the bottom are being shaken by volatility

The big difference is the ones that bought the bottom were zoomed out while the ones that didnt were zoomed in & are still zoomed in

[MF @Molay_Trades]

Sticking to the HTF

Due to market uncertainty with inflation and rate hikes, I’m inclined to believe that $BTC is in its wave 2 correction

We have a Monthly gap in discount for price to target

The bottom has been confirmed and thats our invalidation of this wave count

[MF @Molay_Trades]

Keeping it simple.

Zooming out as an investor.

bitcoin:native Yearly CRT to ATH.

1M CISD confirmation out of a discount Fib zone.

Holding till ATH.

[Moe @Crypto_Moe84]

$BTC

BTC is 3M bullish engulfing and some people still talking about 40k coming

Bro, whats wrong with you?

[Ansem 🐂🀄️ @blknoiz06]

$90k by end of the week

[Charting Guy @ChartingGuy]

when you look at the whole history..

2022 was clearly an outlier.

why bet on the only outlier repeating?

[MF @Molay_Trades]

@Romeotpt You mean $BTC right😏

[MF @Molay_Trades]

@Tdee2_0 Apex. That screenshot is a from a custom build interface

[MF @Molay_Trades]

Week 1 on the Funded:

Hit DLL on the first day (daily C4), then recovered and more on day 2 (daily C2 supporting expansion)

My process continues next week.
Wait for daily C2 -> trade if it supports expansion -> trade C3 the next day.

I don’t need to trade everyday.

[MF @Molay_Trades]

@Romeotpt Clear yearly CRT to ATH