I'm starting this page to document my journey and to hold myself accountable. I've been trading for the last 4 years, started taking it seriously from last year and saw some profitability. Before that i was inconsistent with everything, strategy, process, execution and journaling
"Hard work does not separate you from the crowd, intentional action does."
This line is absolutely PEAK when it comes to trading.
Trading is one of the few professions where hard work ≠ results. Just because you've been in the game long enough does not mean you will succeed, but it does improve your chances by a huge margin.
Some people become profitable in 2 years, some take 5 years, some take 8. And while they all arrived at the same result which was profitability, those that I have seen that become profitable in less than 2 years all have one thing in common: They were intentional with what they were studying.
They were following a system with a proven edge already, with a path laid out for them. They know exactly what they are studying as opposed to figuring out the hard stuff yourself: They are learning under people who have already figured it out.
Only 1% of traders succeed. The other 99% didn't fail, they just gave up. They didn't follow a system and didn't stick around long enough to develop their own approach. Be different. Stick out and beat the odds.
Either be intentional and follow an already laid out system, or be prepared to stick around for years and years to come. Those are the only two paths that lead to profitability in this industry.
For the majority of already existing profitable traders, we took the long hard route. New traders today are blessed with an abundance of education. Don't waste this opportunity that you are given. Lock in
$XAUUSD BE
Traded Gold as the lagging asset cuz it hadn't taken Asian highs while others did
Fracatal Model, (Universal model was presented AFTER i was taken out)
@jvwtrades@GxTradez@XYJtrades@TTrades_edu Hey jack, when looking for SMT sequence in 90m and lower TFs, is it okay to trade the candle 3 after a SMT is created? Cuz sometimes when I trade the candle that's creating the SMT I get souped by C3 and then price moves in my direction, even when we have immediate exp. after SMT
@Ankitis2009 I don't trade indices man, but by looking at NQ and YM here's what I see.
Today was a Reversal into expansion Daily candle. The bulk of the move was already over before u got into the trade.
So longs became L.P
YM's 6am candle engages w a key lev. = new Phase of price. Check