@DaveTradesOpts I had to take a break to get out of the prop mentality and build back capital - confidence
Propfirm are profit for the firm 100% of the time
And some traders know how to profit from it
Not me on a long period of time .
All of the liquidations that have occurred in the last 24 hours should be your sign to move to OPTIONS TRADING.
Your SL is the contract and you can only lose the premium you paid for the contract, not the equity in your account.
You can buy time to account for fluctuations.
Iโm still here life and family keep me away from screen
You can still use all the indie the wang group made 90% of em are FREE use this to find yourself in the charts
Kuddo
Accountability makes you a better Trader.
In my first year of trading, I hit a roadblock after taking a big loss and I couldn't physically bring myself to push the button even though the analysis was correct. I used to ask my girlfriend to execute the entry when price got to the level because I just couldn't stomach the anxiety and pain that I had developed due to taking dumb entries and suffering in the past.
She declined and said that even though it feels difficult, you just have to push yourself through it to get to the other side.
All of that went away when I sized down, traded ONE WAY every time and chose to stick with something that gave me multiple opportunities while being able to manage to BE easily (you learn this in backtesting).
ONE WAY IN.
My confidence came back due to sticking with one thing and accepting the outcome of that one thing no matter what I felt or thought.
You really just need one rope (System) anchored to a strong foundation to help you climb out of any hole you end up in but you have to stick to it and not try to be Spider-Man when other ropes are being dangled in your face or when you take consecutive losses.
One thing, compounded over time is the true holy grail.
You make it the holy grail when you CHOOSE DISCIPLINE with that one thing EVERY SINGLE DAY.
No matter how painful the journey is becoming, the only way to succeed is to TRADE THROUGH IT with discipline.
For crypto traders and ETH altcoin enthusiasts,
I've pinpointed the local bottom before we hit the ATH in this 3-minute video, showing how to pair HTF candles with LTF ones to find your entry.
https://t.co/MF0rzCAYcP
This tool is free
GC is providing a nice rounding; I'd like to see it reach 3,397.6.
For this trade idea, the structural break is at 3,426.6. There's nothing before we close below.