Frere Tshabalala

📉Forex obsessed 📈
📈Crypto obsessed 📉
Getting after it💪
Uncommon amongst the uncommon 💯

[Frere Tshabalala @Shifu__fx]

Trading is the best game in the world.

Millions of players

No discrimination

No table limits

Insane money

Insane losses

24 hours

Good luck!

[Frere Tshabalala @Shifu__fx]

@InstantFunding_ Done📉📈

@HaseebFx_
@GachiriJ

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[Frere Tshabalala @Shifu__fx]

@TelegramTycoon Crypto does rule💪🏼📊

[Frere Tshabalala @Shifu__fx]

Pain motivates you.

You'll lose weight if the pain of being far is greater than the pain of losing weight.

You'll study hard if the pain of letting your parents down is greater than studying.

[Frere Tshabalala @Shifu__fx]

Personal finance is not about numbers, ratios, yields, rebates, credit cards, etc.

Instead.

Stop buying stuff to impress others.

Stop buying goods to feel good now.

Stop buying things you think you need.

If you can do it, your finance will take care of itself.

[Frere Tshabalala @Shifu__fx]

Many traders think that you have to take high risks for high returns.

Wrong!

You should risk small, let your edge play out, add capital, and compound your gains over time—that's how you make it BIG.

[Frere Tshabalala @Shifu__fx]

In trading, you're not paid by the hour but, by doing the correct things over and over again.

Don't forget that!

[Frere Tshabalala @Shifu__fx]

Things I wished I learned in school:

Great result is no guarantee of success

No such thing as failure, only feedback

There is no model answer

Find answers on Google

Theories may not work

Think in probabilities

Focus on the process

Financial education

Learn to sell

[Frere Tshabalala @Shifu__fx]

No one can consistently predict the markets, call tops and bottoms.

So just follow price.Ride winners.Cut losers.

You'll be much further ahead than trying to outsmart the market.

[Frere Tshabalala @Shifu__fx]

You shouldn't think about how much money you're going to make this week.

Instead, you should ask yourself :

Do I have a plan that keeps me in this business for the next 50 years?

If you do, the money will take care of itself.

[Frere Tshabalala @Shifu__fx]

Trading one strategy with discipline beats 10 strategies without discipline.

Stay focused my friend.

[Frere Tshabalala @Shifu__fx]

Advice to new traders:

You're not going to get rich quick

Don't hop from system to system

Have a planned exit for every trade

Limit your loss to a fraction of your capital

Your entry is only a small part of the equation

The early years are for learning, profits come later

[Frere Tshabalala @Shifu__fx]

“Broke minded people”

Are the hardest people to help, if it cost money, they call it a scam

If it's free, they don't value it.If it takes longer than 20 minutes to show results they literally give up.

But!
They can put 40+ hours a week working for someone else.

[Frere Tshabalala @Shifu__fx]

Your trading entry is not everything!

Don't forget:

Risk management

Trade management

Position sizing

Mental capital

Context

Exits

[Frere Tshabalala @Shifu__fx]

No market trends all the time.

No range sustains all the time.

No strategy works all the time.

That's why you MANAGE RISK all the time.

[Frere Tshabalala @Shifu__fx]

Professional traders:

Manage risk

Stay humble

Trade with an edge

Continuously improve

Know they can be wrong

Focus on what they do best

Never let ego get in the way

Know when to stay out of the markets

[Frere Tshabalala @Shifu__fx]

The greatest glory in living lies not in never falling, but in rising every time we fall.

[Frere Tshabalala @Shifu__fx]

The difference between ordinary and extraordinary is that little extra.

[Frere Tshabalala @Shifu__fx]

They don't know me son