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the only reason traders say 1-2% is because they think mimicking the hedge funds and private firms is going to make them rich.
They are trading with $100M+
You are trading $1,000
Bro if you don’t go risk 10% with a 1:3+ setup
( 1-2 trades per week max )
Hot take is that majority of products can be built without VC money
Stop raising money, you don't need it
Build a product
Launch it
Get initial users
Talk to every single one of them
Fix what is broken
Improve the product
Its simple, don't overcomplicate it.
Bootstrap to profitability if you have high testosterone
INSTEAD OF DOOMSCROLLING TONIGHT.
Spend 1 hour listening to this masterclass.
A Founders episode on Steve Jobs that teaches you more about obsession, taste, and building great products than 3 years working at any startup.
The people who listen to this tonight will understand something most founders spend decades figuring out.
Completely free game.
Bookmark this.
https://t.co/mR8lzrmDty
Steve Jobs on Microsoft:
“I have no problem with their success. I have a problem that they make really third-rate products. Their products have no spirit to them. They are very pedestrian. They are McDonald's."
@itsmambafx I am thankful for the fact that GOD is with me on the path I have chosen in life "trading" and I am doing everything possible for preparation to meet opportunity.
This is what I am thankful for 😊🙏.
Overall, Gold is still bearish for the time being.
- Feds slow and steady rate approach
- DXY inflows
- Trump trade
- Repositioning from nee ATHs.
We may see a short term pull back/ reaction from 2600s liquidity zones before continuing the bears.
Golds HTF bearish correction may last into year end rebalance of flow moves and Trump inauguration.
Adapting to bearish waves.
Would you paint without seeing the canvas and only being guided on what lines to draw? No
Would you play football without a vision of the field and only being told what direction to run? No
So why are you trading financial markets while being blind to what moves price?
Only technical analysis is NOT enough. If it was, then 90%+ of traders would not fail.
You need fundamentals, technicals and psychology!
The trifecta to grow and evolve as a trader.
We did a great job predicting Gold sells and DXY buys today, but due to the timing of EOM we have seen much more aggressive rebalance of flows and profit taking moves.
GBPJPY, XAUUSD, BTCUSD, SILVER, SPX etc all did deeper pullbacks with profit taking moves from new highs or intraday highs for EOM rebalance of flow moves.
We will need to update going into NFP day and November but it does look like if we do not fade out these downside moves on risk assets and Gold that we can get slight bounces (dead cat bounces) and see further downside/ corrections into the predicted US elections volatility.
Example with Gold if we do not fade out the downside move, do NOT have bad US jobs data with NFP, hold below previous highs then we can see corrective legs extending down easily to 2680s