One thing I am sure of is that I must succeed in trading .
Success is attracted to me and I am attracted to success.
I Have the desire "Believe" & the tools to succeed @I_Am_The_ICT
[20-Nov-23] a year from now the possibilities are endless and the outcomes favourable.
There is a process that I have used, and still use, to reignite life...
Create two timelines—6 months and 12 months—and list up to five things you dream of having (including, but not limited to, material wants: house, car, clothing, etc.), being (be a great cook, be fluent in Chinese, etc.), and doing (visiting Thailand, tracing your roots overseas, racing ostriches, etc.) in that order.
If you have difficulty identifying what you want in some categories, as most will, consider what you hate or fear in each and write down the opposite.
Do not limit yourself, and do not concern yourself with how these things will be accomplished. For now, it’s unimportant. This is an exercise in reversing repression.
Be sure not to judge or fool yourself. If you really want a Ferrari, don’t put down solving world hunger out of guilt. For some, the dream will be fame, for others fortune or prestige. All people have their vices and insecurities. If something will improve your feeling of self-worth, put it down.
Drawing a blank? In that case, consider these questions:
1) What would you do, day to day, if you had $100 million in the bank?
2) What would make you most excited to wake up in the morning to another day?
Don’t rush—think about it for a few minutes.
If still blocked, fill in the five “doing” spots with the following:
— one place to visit
— one thing to do before you die (a memory of a lifetime)
— one thing to do daily
— one thing to do weekly
— one thing you’ve always wanted to learn
What does “being” entail doing?
Convert each “being” into a “doing” to make it actionable. Identify an action that would characterize this state of being or a task that would mean you had achieved it. People find it easier to brainstorm “being” first, but this column is just a temporary holding spot for “doing” actions.
Here are a few examples:
1) Great cook —> make Christmas dinner without help
2) Fluent in Chinese —> have a five-minute conversation with a Chinese co-worker
Determine three steps for each of the dreams in just the 6-month timeline and take the first step now.
Define three steps for each dream that will get you closer to its actualization.
Set actions—simple, well-defined actions—for now, tomorrow (complete before 11 A.M.) and the day after (again completed before 11 A.M.). Once you have three steps for each of the four goals, complete the three actions in the “now” column.
Do it now. Each should be simple enough to do in five minutes or less. If not, rachet it down. If it’s the middle of the night and you can’t call someone, do something else now, such as send an e-mail, and set the call for first thing tomorrow.
If the next stage is some form of research, get in touch with someone who knows the answer instead of spending too much time in books or online, which can turn into paralysis by analysis.
The best first step, the one I recommend, is finding someone who’s done it and ask for advice on how to do the same.
What Makes Taking Losses Scary?
The absence of a sound trading model and impeccable Risk Management.
You fear losses, because you don't know your model, it's efficiency and yourself.
You will lose, given enough opportunities trying.
A sound model in the hands of a capable, sober-minded Trader, that employs impeccable Risk Management, prevents fear of losses; and replaces it with concern over KPI's.
The more you know...
Post Holiday Trading Protocol:
If a holiday falls on any weekday, the following Monday is a standard business day, trade accordingly.
If the holiday falls on a Saturday or Sunday, Monday following this event, tends to be trash.
I just told Calub we are waiting for 10am ET, to determine if we are engaging at all.
Lecture after.
Be safe.
The secrets to effective & consistent profitability:
1) Adhere to a simple model.
2) Know what you want to make and it feeds you, leave something on just in case you were wrong about how much more.
3) Don't ask others for opinions, analysis or tips.
4) Manage Risk impeccably - ALWAYS.
5) Don't chase new things after you found your model.
6) Allow others to hold opinions - even if they are diametrically opposed to yours.
7) Unless you run a signal service, keep your opinions to yourself.
8) Make your bread, eat and go live for the day and find ways to bless others with it.
Anything else is BS.
1) Determine a Draw On Liquidity - where Price is likely reaching; like NWOG, PDH\PDL, Session H\L.
2) Wait for opposing liquidity raid, during or immediately after a 10\50 Macro.
3) Entry on 1st FVG in the present price structure or use IFVG in the run to opposing liquidity to your Draw On Liquidity.
4) Frame your risk to 1% or less, Hard Stop Loss placement beyond Candle #1 of the FVG you used for entry.
5) Take 50% of position off at half of the range between your entry and the Draw On Liquidty, the balance limit out just before your Terminus.
Wash, Rinse, Repeat... nothing fancy or complicated.
Everyone teaches you what to wear.
No one teaches you how to build a wardrobe that you don't have to reinvent every morning.
Your wardrobe is the only business asset that works before you say a word. It backs up your track record and personal brand, and, between you and me... It shows you grew up.
With The Curated Outfit, I help founders turn that asset into leverage.
If I sold my company tomorrow, I'd build my next multi-million dollar business in 90 days using Claude.
Here's the exact 5-person AI team I'd hire on day one. Steal every prompt.