3 years ago I met a stranger in my school compound. We shared a blunt, a meal… and then he showed me a chart. That was the first time I saw the markets. Something in me lit up.
I had no idea what I was looking at, but I knew it was my way out.
To test this out, I'm using a swing trading style because it provides less risk exposure, paired with supply and demand zones that have played out positively for me over and over, especially when they line up with the right fundamentals.
Follow the Journey
A Thread.
Trading is hard—let’s not lie to ourselves about that. A huge part of why it’s hard still comes down to us as traders, but another massive factor is expectations. We come to the markets wanting to go at it big, carrying these huge expectations….
The idea is to increase the probability of creating different streams of potential opportunities, so that even if some accounts are in drawdown, it won't be one single account carrying the entire weight.
The idea is to increase the probability of creating different streams of potential opportunities, so that even if some accounts are in drawdown, it won't be one single account carrying the entire weight.
@Faurele8899@AFG_0007 Bro Christianity is not the first religion to accurately predict the reoccurring natural disasters…. Wars will always happen and there will always be natural disasters nothing cool about a dramatically stating an obvious fact about our world
So, what is the most logical way to reach that goal of consistent monthly payouts? What is the likelihood of making that happen?
Here is what I think: instead of buying 1 ($50k) account, what happens if we split that capital into 10 smaller ($5k)
The goal of trading is to take money out of the market and use it to sort out bills and real-life expenses. Having a $100k or $50k funded account isn't the finish line. The true metric is making withdrawals consistently, month in, month out- and know trading actually pays you..
But here is what I think: this series might actually be the key to a trader finally figuring out how to make money from prop firms.
Let’s be honest about what the actual goal of trading is. The goal isn’t to flex a screenshot of some crazy risk-to-reward ratio.
A Thread.
Trading is hard—let’s not lie to ourselves about that. A huge part of why it’s hard still comes down to us as traders, but another massive factor is expectations. We come to the markets wanting to go at it big, carrying these huge expectations….
Dr. Debra Soh says when you see marriages in which women actually make more money than their husbands, there's a higher chance of divorce.
There are all these other awful things that are associated with it that I discuss in the book. Yeah, like and there's more...
Bill Maher: But that must be more and more common.
Dr. Debra Soh: Cheating on the male part. Yeah, no, it's becoming more common. One in seven marriages are actually women are primary breadwinners now.
Bill Maher: And also they're kicking ass in college in a way men aren't. Men have checked out.
Dr. Debra Soh: Yeah.
Bill Maher: You know, there's... you talk about... what's the word? I don't know, for like marrying up?
Dr. Debra Soh: Hypergamy.
Bill Maher: Exactly. I was testing you.
Bill Maher: Um, hypergamy, which is the the square root of the hypotenuse, by the way, for kids who are watching this doing their geometry homework. No, hypergamy is um involved here because um the more men check out as far as academia...
Dr. Debra Soh: Yeah, graduate school.
Bill Maher: They graduate much less much fewer men now.
Dr. Debra Soh: Yeah.
Bill Maher: I mean, men are the ones who need affirmative action now in in in college.
Dr. Debra Soh: Mm-hmm.
Bill Maher: I mean, women can't find guys to marry up to.
Dr. Debra Soh: Exactly.
Bill Maher: Uh, there's a stat that we keep called "the unemployed," but the definition of unemployed is you don't have a job, but you're looking for one. There's another stat, which has I don't remember the number, but it's an astoundingly high number, like 7 million...
Dr. Debra Soh: Yeah.
Bill Maher: ...that's not unemployed. It's not working and not looking.
Dr. Debra Soh: Right.
@Faurele8899@AFG_0007 Oga all the mumu prophecy nah Wetin Dey sup for the world normally even without prophecy… “ war and rumor or war” tell me the generations we been no fight war… “ earthquake and natural disaster “ tell me when the world never had natural disaster annually… and You be adult 😂😂