TJL

Systems Application Engineer at Sick Inc.

[Andrew NFX @andrew_nfx]

I once met a woman at a trading meetup in Amsterdam who had been profitable for 4 straight years

$780,000 in total payouts across forex and futures

She worked a full-time job as a nurse for the first two of those years

Trading only the NY open

45 minutes a day

I asked her what her edge was

She pulled out her phone and showed me a notes app

In it was a single paragraph

Her entire trading plan

Entry criteria. One setup. Risk 0.75% per trade. Max one trade per session. Done by 9:45am EST

That was it

No Discord. No signals. No YouTube rabbit holes at 2am

I asked when she wrote it

'Three years ago. I haven't changed it since'

Her win rate across those three years was 61%

Average RR was 1.1

Nothing flashy

But she'd scaled to $1.8M in combined prop firm capital by reinvesting almost every payout back into new challenges

She told me the hardest part wasn't finding the edge

It was doing the same thing over and over when everyone around her kept telling her to 'level up' her strategy

Add confluence. Go for bigger targets. Try ICT. Try SMC. Try this, try that

She ignored all of it

'If it's not broken, why would I fix it?'

By the time she quit nursing, she was making more in a single month of payouts than she made in a year at the hospital

Not because she had a complicated system

Because she had an extremely simple one

And the discipline to never deviate from it

Most traders are still searching for the strategy that's going to change everything

She stopped searching three years ago

That's the difference

[Charly Wargnier @DataChaz]

LEARN PROGRAMMING WHILE PLAYING GAMES 🎲

1. Linux
https://t.co/rH6AQyOh04

2. Git
https://t.co/BvC2FB5nZE

3. Kubernetes
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4. Python
https://t.co/Z8lau8Dago

5. Mobile Coding, like Duolingo
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6. For Complete Beginners
https://t.co/2seAotO1n8

7. Cybersecurity
https://t.co/iG5WUh5ptG

8. DevOps
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9. CSS & HTML
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10. 25+ Programming Languages
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[TJL @TomLage2]

@Alana7Crypto Prove it 😂

[Thomas Massie @RepThomasMassie]

@HasanKhxnx I am not suicidal. I eat healthy food. The brakes on my car and truck are in good shape. I practice good trigger discipline and never point a gun at anyone, including myself. There are no deep pools of water on my farm and I’m a pretty good swimmer.

[freeCodeCamp.org @freeCodeCamp]

Imposter syndrome is something that many devs struggle with.

It's the feeling that you're not good enough at what you do, and any minute someone will realize it.

In this guide Marco discusses three powerful strategies that'll help build your confidence.

https://t.co/2b9ZIoqbYa

[freeCodeCamp.org @freeCodeCamp]

If you want to learn React you should have a solid grasp of modern JavaScript first.

And in this in-depth guide, Nil reviews the key concepts you should know.

He covers template literals, arrow functions, destructuring, map, filter, reduce, & lots more.

https://t.co/RtFqTRvwet

[Prop Firm Match @PropFirmMatch]

Today, we reported a rule change from @MyFundedFX on our site and social media. MyFundedFX commented on the X post with 'Fake news' and threatened to revoke PFM's affiliate terms. In light of this, we need to clarify our stance in this industry.

We do not permit any firm to censor our content, or to dictate what we do or do not feature. Every part of Prop Firm Match promotes transparency, including clear communication of firms' rule changes.

Being listed on Prop Firm Match includes both the positives and the negatives. A firm will get massive exposure to millions of traders each month, but it will also disclose the actual facts about the firms, through trading conditions tests, genuine reviews from traders, verified payout time reports, and more.

The more trader-friendly and well-managed the firm is, the more valuable the Prop Firm Match listing will be for them.

If MyFundedFX doesn't want to stay listed on Prop Firm Match, that's totally their decision. We simply cannot accept threats aimed at restricting our content.

Link to the discussion below for full context.

[TJL @TomLage2]

@MichaelPatak @sairotrades No one is waiting more than 8 days!? That is not true, I had the activation error on August 1st and still haven't gotten a response.

[FXIFY @fxifycom]

You've back tested a dozen times...

Tweaked every parameter... ⚙️

And your strategy looks unstoppable on historical data. 📊

But then you hit the live market, and... it fails. 😞

You can relate right?

This frustration is all too common, and the culprit might be your back testing approach. Today, we'll break down the CORRECT way to back test and finally build a forex strategy with a solid foundation!

🎯 Define Your Strategy
Imagine back testing is like practicing a sport. Before you jump in, you gotta figure out how you'll play. This is where you define your trading strategy, your personal game plan for the forex market.
What indicators? Entry/exit rules? Risk management plan? These are crucial for a focused test.
-Having a clear plan helps your back testing be more focused. You're testing the specific way YOU want to trade, not random ideas. It's like practicing the plays you'll actually use in the game, not just messing around.

🎯Data Selection: Quality Matters
Don't use unreliable historical data! Source high-quality, tick-by-tick data that reflects real market conditions. Inaccurate data = misleading results.

🎯Beyond Wins & Losses: Key Performance Indicators (KPIs)
Win rate is just one piece of the puzzle. Ensure you analyze metrics like Sharpe Ratio, Drawdown, and Profit Factor to assess your overall strategy robustness.

🎯Realism is Key: Account for Costs & Market Events
Factor in spreads, commissions, and slippage for a realistic picture. Test during different market conditions (volatile, quiet) to see how your strategy adapts.

⛔Common Back testing Mistakes

❎Incomplete Data: Low-quality or incomplete historical data can lead to flawed strategies. Use back testing software having high-quality data that captures all relevant market variables.

❎Data Snooping Bias: Data snooping bias is a problem in back testing where you keep adjusting your strategy based on past results. This can make your strategy seem successful on historical data, but it might not work well in new market conditions.
To avoid this, use out-of-sample testing. This means testing your strategy on data you haven't used before, giving you a more realistic idea of its performance.

❎Ignoring Psychology: Emotions can cloud judgment. Consider incorporating behavioral finance principles into your back testing to account for these human biases.

Remember: Back testing is a Simulation, Not a Guarantee
Past performance doesn't guarantee future results. Use back testing insights to inform your trading decisions, not replace sound risk management and real-time analysis.

Bonus Tip: Forward Testing - The Final Frontier
Once you're comfortable, take your strategy to a demo account (simulated trading) to test it in a live market environment before risking real capital.

Ready to back test like a pro? Follow these steps, and you'll be well on your way to developing a robust forex trading strategy built on a solid foundation. Now go forth and conquer the markets ‼️

#FXIFY

[Watcher.Guru @WatcherGuru]

JUST IN: Billionaire Mark Cuban says SEC Chair Gary Gensler has not protected a single investor against crypto fraud.

"All he has done is make it nearly impossible for legitimate crypto companies to operate."

[Crypto Tea @Cryptotea]

If you buy a haircut for $100, the barber gets $70 after income tax

then the barber buys a painting for $70, the artist gets $50 after income tax

then the artist buys personal training for $50, the trainer gets $35 after income tax

and so on until $0 left and the government owns all of the $100

[Helium Mobile ☁️ @helium_mobile]

Did you know Americans receive an average of 2.2 billion spam calls each month? 📞😩
We've got tips to help you dodge these unwanted calls!

1️⃣ Sign up for the National Do Not Call Registry at https://t.co/LVggnaM00n or call 1-888-382-1222.
2️⃣ Block persistent spam numbers directly from your phone. 🚫 iOS: Use the Phone app to select and block the number. Android: Long-press or tap the info icon on the number in your Recents to block.
3️⃣ Activate 'Silence Unknown Callers' on iOS or 'Block unknown numbers' on Android to avoid calls from numbers not in your contacts. 🤫

Tired of spam interrupting your day? For more in-depth steps, check out our support article: https://t.co/ofMo8H6Z1e

[TJL @TomLage2]

@recoveryonefdn Hey, I'm trying to swap but keep getting an error.

[TJL @TomLage2]

@MattLeech @MyFundedFX I really didn't want to have to post this but this is the 3rd incident in the last 3 weeks on my 300k funded and support refuses to compensate.
I got stopped out on a trade, SL was $2367.18 the lowest wick on the hourly candle at the time was $2373.13.

[JadeCap @jadecap_]

Sure would be nice if @MyFundedFX allowed API access to @tradersconnect_ on DX Trade =)

[TJL @TomLage2]

@larkfunding Does DXTrade have API access?

[Historic Vids @historyinmemes]

Cristiano tricked people into believing he's poor just to see how many people would play with him

[BlockFi @BlockFi]

Our security team has been notified of increasing attempts from malicious actors targeting BlockFi clients. As we approach the closing of the initial round of estate withdrawals through the BlockFi App, you should expect an uptick in phishing attempts and spam phone calls.

[Dave Teaches (JoT) @DaveTradesOpts]

Apex has BLESSED US with 90% off AND 1 day to pass evaluations on ALL funded accounts (not just 1 like that funky MFFU).

Let’s goooo!!!

Retweet/Repost if you want a Livestream to learn how to pass in 1 day!

Link: https://t.co/Q4ey0gnUeT

[TJL @TomLage2]

@TechTrader2017 @MattLeech Hopefully @MyFundedFX @MattLeech allow this