SUMMARY OF FED DECISION (6/17/2026):
1. Fed leaves rates unchanged for the 4th straight meeting
2. 9 out of 18 officials expect at least one rate hike this year
3. Fed lowers its median 2026 US GDP projection from 2.4% to 2.2%
4. Fed now sees PCE inflation not returning to its 2% target until 2028
5. Fed says inflation "remains elevated" relative to their goal
6. Today's Fed decision was reached in a unanimous 12-0 vote
The Fed appears to be bracing for more inflation.
Take my word for it, if you stay consistent on a path that you are really good at and has clearly shown you some results, you will “always” win big in the end, what will likely throw you off is how long you need to wait.
Trading is fucking hard because
it slowly dismantles your ego.
At first, you think intelligence will save you.
Then you think effort will.
Then you think confidence will.
The market strips all of that away.
It doesn’t care how smart you are.
It doesn’t care how badly you want it.
It only respects discipline executed
consistently under pressure.
That realization hurts more than losses
because it means you can’t shortcut growth.
@1MINUTETIP Hahaha yeah I traded options before moving to futures. There’s nothing like buying low, having price go higher, and you’ve lost money due to theta decay 😂
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You shouldn’t follow a lot of trading advice on here
Most of the time you need to analyse it and see if it applies to you
For example:
If you’re a new trader, you should never revenge trade
But as an experienced trader, you can enter a trade after SL is hit if the setup presents itself again and is high probability
I’ve lost a trade, re-entered on another setup an hour later and won the second one
I remember posting one of these to X and people were in the comments giving out about “revenge trading”
But it wasn’t revenge trading - it was another trade that followed my rules and I had high conviction in it so I entered again
BUT if you’re a new trader you don’t have the experience to do this, when you lose a trade you should just close the chart and walk away
This is just a reminder that not all of the advice you see on here is aimed at you, act accordingly
Perspective on trading
I do NOT believe in back-testing
I believe in forward testing with minor tweaking to produce a large number of trades producing metrics that can be thoroughly run through Monte Carlo simulations
At least 200 to 300 trades w/ same basic approach
You should not stick with 1 trading strategy from the start
A lot of gurus recommend it, but it doesn’t make sense
When you first start trading you need to be testing as many strategies as possible so that you can find one that suits your personality
Then when you find the one that makes the most sense to you - go all-in on it and only trade that strategy after that
But I’ve seen guys trying to trade a strategy that doesn’t make much sense to them and doesn’t suit their personality for years and still be unprofitable
Try a ton of different strategies then lock-in on the one that works for you
Intuition in trading is real
Once you've been starting at charts for a while you start to kinda tell where price can go
Not like a magic genie, but just better at understanding price action
This is better than Billions. The number of times I paused to call a finance bro to explain, ni nini wanasema.
Also the references to real events.
Also how money or lack thereof affects folks mental health.
Get your finances in order so you can actually enjoy life. The penny pinching, the arguments over money, the selfishness that comes from survival mode, the cheap vacations let all of that go.
Prop firms are cool and all but you’ll get reckless with it and treat it like a paper trading account. Because you know the money isn’t yours, you treat it like a casino. Psychology is important. Playing with your own money in my opinion is always best but there’s also nothing wrong with using OPM🤷🏾♂️💯.
Just a down hill spiral of traders blowing account after account. Can’t trust a prop firms guys stats because that could be his 14th account this year. In some cases more. Tbh I want to own a prop firm for this reason.