Trading is not for broke people. ๐๐๐พโโ๏ธ
If you have โฆ5 million sitting comfortably in your account, do you really think a $100 loss on your prop/live account will freak you out? Probably not.
If you have enough money to feed yourself, sort out your bills, take care of your family and handle your basic needs for the next 6 months without feeling financially pressured, do you think that $100 loss will feel like the end of the world?
Neverrr.
But when you're broke, trading can become a completely different game.
You're not just trading the chart anymore. You're trading with your last money, your expectations, your bills, your needs and your hopes sitting on every position.
Every trade starts to feel personal.
Every loss feels personal.
Every drawdown feels like a setback in real life.
And that's when your emotions start going all over the place.
You become afraid to lose.
You hesitate on good setups.
You move your SL.
You close winners too early.
You revenge trade.
You force setups because you desperately need the next trade to work.
Not necessarily because your strategy is badโbut because the money means too much to you.
Mark Douglas emphasized the importance of being able to execute your trades without being emotionally attached to the outcome. You have to accept that any individual trade can lose and still execute your edge consistently.
And if you're broke like me, you have an even bigger psychological battle to fight.
You can't magically remove the financial pressure overnight. But you can put in the work to build your trading psychology, follow your rules, manage your risk and learn to accept losses as part of the business.
Because until you separate your survival from your next trade, every loss is going to feel like a personal attack.
May God help us. ๐๐พ๐๐พ๐๐พโโ๏ธ๐ฎโ๐จ
August so far๐๐ฎโ๐จ
Yesterday i closed half of my AUDCHF trade that has been running since 3 weeks now, it has not reflected on my journal yet.
I sincerely regret closing my GBPAUD sell trade
Which i did out of fear๐ช๐
You??
How has the month been?
#CPI has killed me๐ญ๐ญ๐ญ๐ญ๐ญ๐ญ๐ญ๐ญ๐ญ๐ญ๐๐๐๐๐...
Loan I collected to trade CPI is now gone๐ญ๐ญ.
Who send me ๐ญ๐ญ๐ญ๐ญ๐ญ๐ญ๐ญ
If you ate using @headway_world broker, you are very wrong. Can you imagine this people disabled their platform because of nfp๐คฃ๐ญ๐
Something that was working few minutes before the news. Chaii
Very rubbish broker
@Techriztm Hello sir Techriz, i really hope you find this post.
This is my July history for my prop firm account and my $10 account which i funded at the beginning of july.
I would really love to be part of the traders you'll invest in this month @Techriztm Thank you๐๐พ
After 3 consecutive losses๐, I finally another Tp.(+4RR)
Thank you forex, thank you everyone, this is goodbye, See you next week.๐๐ฝ๐คโจ
Hope the week is treating you nicely?
Good morning Traders, Gm mutuals.๐คโจ๏ธ
It's another beautiful week to crush your goals, follow your plan, and trust the process.
Don't forget that the sun will still shine the day you'll achieve your dreams, it will be a normal day like every other, it won't be magical. That day could be today.
The only thing that needs to change is you, your approach, your bad habits etc.
Just be patient enough this time, just follow your plan this time. I hope you get it right๐๐พ๐ฅบ
Say Gm๐๐๐พ
Gm mutuals Gm Traders โจ๏ธ๐ค
What a beautiful way to start my day.
I added more entry to my previous trade
I simply set my buy limit and went to sleep, only to wake up and see this beauty ๐ฅบโจ๏ธ
This the sweetest feeling for traders, better than waking up to see sl๐ญ๐๐