Back in 1978, a mathematician named Jim Simons left academia to trade currencies.
A decade later, he launched the Medallion Fund.
It would go on to become the most successful investment fund in history.
Not one of the best.
The best.
For over two decades, it averaged roughly 66% annual returns.
During the 2008 financial crisis, while firms were collapsing, Medallion returned over 100%.
The obvious question is…
How?
Jim Simons wasn’t predicting markets.
He wasn’t drawing trendlines or trying to guess where price would go next.
He built models that searched for tiny statistical edges and executed them over and over again.
The edge wasn’t massive.
The consistency was.
That’s the lesson every trader should take from Jim.
Profitability isn’t about having a 100% win rate.
It’s about finding an edge, protecting your risk, and giving probability enough trades to do what it’s designed to do.
The biggest difference between profitable and unprofitable traders usually isn’t the strategy.
It’s the consistency with which they execute that strategy.
You actually need a ridiculous amount of discipline to make it in trading.
Trading is not child's play, Don't get involved if you are not ready to grind. Even when you don't see results keep grinding, keep showing up.
This is a career that can completely transform your life if you take it seriously, You can’t come into trading expecting to get rich overnight. It doesn’t matter whether you trade Forex, Crypto, Synthetics, Stocks, or any other market, you’ll be humbled if you treat it like a get-rich-quick scheme.
Don't let anyone lie to you, There is no holy Grail Strategy, No trading system works 100% , Whatever you trade with, You must experience your own share of losses
Find a strategy with a real edge, build a solid trading plan around it, manage risk properly, and execute flawlessly, that’s how you succeed in trading. One trading system can change your life, it's not going to be easy but Develop that system and watch your life change.
Finally understand that Trading is between you and your charts, Online validation will not pay your bills , trade for yourself and not for the fans , make money and you will command respect even from those who don't like you.
Calm down and grind, less noise more work
Let your results speak 🤝
Wish y'all a profitable week ahead
ForeverINprofit🥂
Frame 1: 1:8RR hits TP (wow Lex you too good, nice trade, Lex the Gold killer)
Frame 2: 1:8RR hits SL (Lex you are greedy, you should have targetted only 3rr, you want to form market maker)
The fo○lishness of some traders on this app needs to be televised, if you like be a people pleaser on this app, you'll cry.
Just do you thing and ensure to keep your block list active
Copped 3 New Houses in one week. 2 Duplex's , 1 Penthouse.
Thank you God for keeping things running smoothly.
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