Luis Molina

Trading futures since ‘24 $NQ $MNQ

I talk about trading and investing and share my learnings, successes and failures along the way

[Luis Molina @itsLuisMolina]

@fredtrades Hot PMI added pressure to the rate hike narrative which is what caused that reaction to the south. We took a sweet short :)

[Luis Molina @itsLuisMolina]

@aw_trades_ The more screens one has, the more profitable one becomes, right? RIGHT..?! 😅

[Luis Molina @itsLuisMolina]

@NickGTrades Is this topstep? What firm?

[Luis Molina @itsLuisMolina]

@colintusa @ajtradinglucid I got the same email, but have never opened up any chargebacks with my banks. I opened up a support ticket and they just replied saying the action was permanent.

lol soo shitty @TradingLucid

[Luis Molina @itsLuisMolina]

@Jduntrades Huge!

[Luis Molina @itsLuisMolina]

@fspfutures Congrats brother! By the way, what platform is this? Just curious; not familiar with this UI

[Luis Molina @itsLuisMolina]

@TheH0n3stTrader Neither does this post. And yet, here we are 😂

[Luis Molina @itsLuisMolina]

@danellisona Of course. Although I would hope the algorithm is decent enough to get the content in front of at least one person who would find the post valuable or interesting 😅

[Luis Molina @itsLuisMolina]

Building a ‘personal brand’ in general terms does not require subject matter expertise nor does it require profitability.

For example, a beginner trader can simply be documenting their journey and sharing on socials and they’d be building their ‘personal brand’

HOWEVER, if you’re going to be giving advice and/or teaching others, you better be able to back it up with results of your own.

Otherwise, it would be equivalent to taking marriage advice from someone who’s re-married 4 times.

[Luis Molina @itsLuisMolina]

I lost money trading for almost three years straight..

34 months to be exact.. about $70k of real capital...

But, I stuck through the pain, corrected bad habits, slowly built up my discipline, and sure enough things took a turn for the better.

I'm not sharing this to try and sell you something down the road..

I'm just hoping that someone out there who is struggling right now sees this and reminds them that this is possible for them too.

Keep going 👊🏼

[Luis Molina @itsLuisMolina]

@Jduntrades lol jumped on your stream and got hit with all those requests in a matter of seconds

[Luis Molina @itsLuisMolina]

Hey @Jduntrades - looks like you’ve got a solid crew of secret admirers on TikTok 😂💀

[Luis Molina @itsLuisMolina]

@VClouette I’d still take this over waking up to go to a miserable 9-5 for the rest of my life 💪🏻

[Luis Molina @itsLuisMolina]

@LeppyrdTrading Congrats! I’m big on base hits myself. No need to try and swing for the fences every single day. More often than not that only ends up in blown accounts for most.

[Luis Molina @itsLuisMolina]

@TTrimoreau OnlyFans is full of ________ (fill in the blank)

[Luis Molina @itsLuisMolina]

@wannabechamp Feels unfortunate. It'd be great if a few of them got into it!

[Luis Molina @itsLuisMolina]

You can spend years learning trading strategies, setups, indicators, order flow, market structure, etc., but great trading comes down to:

how you think, how you handle risk, how you deal with uncertainty and what you do (or not do) when you're wrong.

These are 5 books I'd recommend to anyone serious about improving their trading performance:

📚1. Market Wizards by Jack Schwager

Schwager interviews some of the most successful traders and one thing becomes pretty obvious:

There isn't one secret strategy.

These traders have completely different approaches, timeframes and markets.

What they do have in common is how seriously they take risk, discipline and knowing when they're wrong.

You don't need the perfect setup.

You need an edge you understand and the discipline to execute it consistently without blowing up when things go against you.

📚2. Thinking in Bets by Annie Duke

This isn't really a trading book, but I think every trader should read it.

The biggest lesson is learning to separate a good decision from a good outcome.

A great trade can lose money.

A terrible trade can make money.

If you only judge yourself based on the result, you can end up reinforcing bad decisions simply because they worked this time.

Instead, ask:

"Was this a good decision based on the information I had at the time?"

That shift toward probability-based thinking is game-changing.

You're not trying to predict the future. You're trying to make probabilistic bets over and over again.

📚3. The Secrets of Economic Indicators by Bernard Baumohl

Economic data moves markets. You don't need to become an economist, but you should be educated on economic indicators.

You should understand why CPI, NFP, GDP, retail sales, Fed policy and other economic data impact markets.

The book breaks down what these indicators actually measure and why markets care about them.

📚4. The Hour Between Dog and Wolf by John Coates

This one gets into the science behind what happens to us when money and risk are involved.

Coates was a trader before becoming a neuroscientist, and he explains how things like stress, winning, losing and risk-taking can affect our behavior.

And every trader knows this feeling.

You're not the same person when you're up $2,000 versus when you're down $2,000 and trying to make it back.

Your perception changes.

Your risk tolerance changes.

Sometimes your entire decision-making process changes.

Understanding that can make you much more aware of what's actually happening when you're trading under pressure.

📚5. Best Loser Wins by Tom Hougaard

This is probably the most uncomfortable book on the list.

Because it forces you to think about how you behave when you're wrong.

Trading isn't about avoiding losses.

It's about learning how to take them without letting one loss turn into a much bigger problem.

Don't move your stop because you don't want to be wrong.

Don't revenge trade.

Don't turn a normal losing trade into a disaster because you "have to make it back."

Especially with prop accounts, that mindset matters.

You don't have to be right all the time.

You just have to stay in control when you're wrong.

Happy reading ✌️🏼