Your capital can grow even when you did the wrong thing.
Your capital can also decrease even when you did the right thing.
Short term changes in capital teach you nothing.
Do not use them as the measure of whether things are going well.
Every time you do that, you are only teaching yourself that short term results matter.
In other words, you are educating yourself to become a trader who cannot succeed.
The only things you should measure yourself by are whether you executed according to the rules, and whether those rules were properly prepared and have positive expectancy.
All you need is a good six months. Half a year of crazy hyper-focus. Train. Avoid distractions. Build your credentials. That's it. Life changes. That's the anatomy of a rags-to-riches story.
Just analyze and take your trade bro.
You can mark everything right, use the best POI, best session, best asset and still take a loss on that trade.
Only thing you have the ability to control is your risk management and your actions after the loss.
I do not understand why you all beat yourself whenever you take that loss and try to chase another win.
Sit calm and wait for the next opportunity and apply risk management again.
-BC.
Losing streaks will come.
Drawdowns will come.
Few losing trades in a row can test your soul.
Survive that, and you win.
Staying alive is the whole job.
After 7 years of trading, I’ve realized the most important skill isn’t strategy, indicators, or even risk management, It’s PATIENCE.
The biggest opportunities usually come when you’re not chasing anything. You’re simply waiting, letting the market come to you instead of forcing trades that aren’t there.
The best setups have a certain feeling to them. I’ll see one forming and catch myself grinning because I already know: this is it. No stress, no guessing, no FOMO. Just confidence from seeing the same pattern play out over and over again.
The irony is that the more patient you become, the more opportunities seem to find you.
Patience isn’t just part of trading. It is the edge.
Same charts, same hours, same prop firms, same strategies.
Some people find success in it within 2 years, others take 6.
Some are pulling $100k/m, some are doing $30k/m, some $5k/m and some are still waiting for their first payout.
Some came from nothing, and some came from everything.
Some had successful friends in the industry and some had to find their own path.
You can’t really hate the space.
There is always something for someone.
See the wins, see the losses, mind your business, make your bag, and just enjoy your life.
Take inspiration, & don’t take out your frustration on the winners.
The markets are fair to everyone in the prop space.
You just need to find your rhythm.
Don't ruin your mental game before the high-probability sessions.
You will need that mental capacity when the time comes. Don't waste it on low-probability conditions.
Treat your routine as a priority.
You have no idea what a structured life can do to you, especially if your career is centered on decisions-making skills.
Trading is a good example of that.
Keep your mind in check, so you can act without any irrational interference.
Over the years, I have found that trading isn't necessarily about what you know.
It's about how you behave.
And behavior is hard to teach, even to really smart people.
Over the years, I have found that trading isn't necessarily about what you know.
It's about how you behave.
And behavior is hard to teach, even to really smart people.
You only have two jobs as a trader:
1. Gather enough data to prove you have a repeatable edge in the market
2. Figure out ways to keep yourself from fucking that edge up