Never marry your bias
I create a daily bias before I trade every day
But will I continue entering trades in that direction if price is clearly showing me that it wants to go the other way?
OF COURSE NOT
Too many trades marry their bias and are always determined that they’re right
This habit will cost you so much money it’s not even funny
Trade what price is showing you, not what you want to see
Lakini yall amaze me,yaani mtu amenunua gari ksh 3,600,000 halafu akitaka kuenda mahali kama Diani kutoka Nairobi anatumia jambo jet?
Mimi gari yangu ikimaliza clearance and whatever BS nitakua naenda nayo hadi kununua chumvi na nyanya😂😂😂😂
If you’re not making enough money to support yourself - STOP TRADING
Fix that first
Get a job, start freelancing online, do ANYTHING you can to make enough money to support your lifestyle
Because if you can’t do that and think that trading will get you there - you’re making a massive mistake
Relying on trading income to live before your even profitable is one of the dumbest things you can do
Whenever we reach a key daily level, like ATH’s for example, I typically like to sit out the following morning session.
I like to give NQ time build new sentiment and decide what it wants to do next. I’m never eager to force a “new bias.”
After tagging ATH’s, NQ can consolidate, retrace, or continue higher. I demand NQ to show me what it’s likely to do before I press any buttons.
Reasons for no trades this morning:
- No news Monday
- ATH’s tagged overnight
- Powell speaking tomorrow
Unsolicited advice:
Study engulfing off breakers and FVGs and tie it with time.
KE is not an expensive country.
Once your skill consistently nets $500 per week, you're several times ahead of all working folks.
Most families seen as rich make an average of $200 per week.
I’ve generated $350k+ from prop firms
And this is WITHOUT failing and buying new challenges every week
Here’s the Risk Management strategy that lets me make $10,000s every month from prop firms:
@I_Am_The_ICT Apex with 20 linked accounts, 7 ish mini NQ.
Bulenox with 11 linked acts, 7 contracts
5 or so at most other firms.
Use Quantrader to trade them all at once and bingo, you’ve put all the firms out of business. Or they’ll just deny your payouts for no reason
@jadecap_ Trading is your personal journey.
Focus on your improvements.
Focus on making better trading decisions everyday.
Keep your mouth shut and do the reps until you are profitable.