@Trader_XO@Trader_XO Can you please check our DM’s when you get a chance to finalize my invite before you get started with the group today? Thank you in advance.
@TheFlowHorse In California it’s 2 attempts to fix a safety issue and 4 attempts to fix anything else and it’s considered a lemon. I’m currently in the final process for my car. Contact a local lemon law attorney. They’ll let you know if it’s worth moving forward.
@ColdBloodShill@breakoutprop Hey @ColdBloodShill , may I sign up for a Eval using your affiliate code for the foundation access please? I know I'm a bit late Breakout wouldn't let me have 2 accounts at once. I would love to be apart of the group. I'd really appreciate it.
Too much comfort numbs the mind, leading to complacency and stagnation.
When we are overly comfortable, we lose our drive for growth, learning, and self-improvement.
"6 Stages Of A Trader"
If we are to become great traders, we will experience some variation of all six of these stages.
Being aware of these stages can help you identify where you are now and where you need to eventually be.
(Which stage are you currently at?)
Stage One: The Mystification Stage
This is where the neophyte trader begins.
He has little or no understanding of market structure. He has no concept of the interrelationship among markets, much less between markets and the economy.
Price charts are a meaningless mish-mash of colored lines and squiggles that look more like a painting from the MOMA than anything that contains information.
Anyone who can make even a guess about price direction based on this tangle must be using black magic, or voodoo.
However, as one begins to observe, read, and study, the mess may begin to resolve itself into something that may make sense. Sort of... 😉
If your next trade isn't extremely obvious, just sit on your hands.
Especially if you just took a loss, accept it and accept you might need to sit with the L for a bit.
The market always swings from easy to hard mode and back again.
Don't try squeeze juice that isn't there.
Effort vs Result analysis can be applied to broader market contexts like trends.
Turns don't always happen with large volume and small price movement. Lack of interest can also cause a price twist, seen in small volumes on market floors or after a bearish reversal
When you slouch you reduce blood flow to the brain making it harder to concentrate.
Sitting up straight & tall makes it easier for you to focus while being able to access positive thoughts & emotions.
Psychology follows physiology.
Never follow a trade blind. If you see a call out or a chart posted on X it is your job to make the trade your own. Based on your time frame, rules and style. If you don't have a plan on the symbol posted NEXT is probably a good option.
Fortunes are made every year by those who take the time to learn to interpret charts properly. Professionals who don't make use of charts are confessing their ignorance of highly valuable measurement and timing mechanisms." - William J. O'Neil
No one knows what is next for the market. Quiet the noise and trade your plan. When in doubt sit it out. Clarity always comes for the patient. Trade what you see not what you think, hope or want. Preparation is key.
The path to a successful trading career:
Learn Technical Analysis: Understanding and analyzing price charts and indicators to identify trends, patterns, and potential trading opportunities.
Learn Risk Management: Develop a comprehensive risk management plan that includes setting stop-loss orders, position sizing, and managing overall portfolio risk.
Learn Trading Psychology: Managing emotions and developing a disciplined approach to trading that involves sticking to a trading plan and avoiding impulsive decisions.
Learn Fundamental Analysis: Evaluating economic data, news, and events that could impact the markets and making informed trading decisions based on this information.
Maintain Market Knowledge: This means staying up-to-date on market trends, news, and developments to identify opportunities and avoid pitfalls.
Perform Backtesting & Forward testing: Testing trading strategies using historical data to assess their effectiveness and make adjustments as needed (this can be more accurately done in replay mode to avoid repainting.)
Dedicate yourself to Continuous Learning: Engaging in ongoing learning and development to stay current on market trends, new trading techniques, and evolving technologies.
You want and need to fully understand the importance of discipline, risk management, and a systematic approach to trading while also staying adaptable and open to new ideas and approaches.
You can do this!
Self sabotage is real
You can be doing great following your trading plan day in day out controlling emotions well staying patient and literally out of no where... you fuck it all up
When something is going right for those with low self-esteem it is uncomfortable for them
On a conscious level that may sound weird to you
"How is winning how is doing good uncomfortable?"
Because it is an unfamiliar emotion
Life is all about feelings at the end of the day
Understand that
Humans like what is familiar they like that familiar feeling
Many people are more comfortable being a loser and a fuckup because they are familiar with that feeling
They may say they want to change they want a better life but that better life is outside their comfort zone
When they start to move outside what is normal for them they are met with an unfamiliar feeling
The feeling of a winner
That other side of you. That side with low self esteem doesnt like that. That demon wants to drag you back down to familiar territory
That's when you fuck it all up
Many people are ADDICTED with being a victim because that is what is normal for them they are comfortable there
The feeling of being a loser is familiar to them
Take back your power
Also, everyone will receive access to the primary tool, True Vibration 2.0 & I will teach all that wish to learn how to unlock to unique Edge that comes from this tool
Traders interested in no-cost access to this tool
1⃣Like
2⃣Retweet
3⃣DM me for details, expect response delays
It’s important to know when not to trade
Monday - wait for Monday range
Tuesday - wait for Monday range deviation
Wednesday - wait for midweek midrange
Thursday - pub
Friday - wait for legacy close
Saturday - wait for legacy open
Sunday - Lord rested, you should too
Trade Confidence and Capital Preservation
"Staircase up - Elevator down"
The market is about building up trade confidence as it leverages your emotions to risk more as you win more until you are caught over-risked
Risk management is there to protect you from yourself.