It takes 12 years to become a surgeon
14 years to become a surgeon
10 years to become a lawyer
5 years to become a welder
And everyone thinks that’s normal
Yet dudes will open up a trading account and think they’ll start making $100k+ in the first year
Make it make sense
Consistently profitable trading takes YEARS, just like any other profession
Don’t let this discourage you though
When you grind at it for a long time and make it, there’s no better career
No bosses, no client, no customers - just you on the charts for a couple hours a day
But it takes a lot of work to get to that level and you need to be prepared for that
You don’t need to be a genius to make a lot of money trading
All you need is a simple edge, and the discipline to execute on it consistently
There are guys dumber than you making $100,000s a year from trading because they just have discipline and stick to their rules
The reason a lot of you are unprofitable is because your ego’s are too big
A trader who has millions in payouts could tweet something that’s objectively true about trading
And you, an unprofitable trader, will think that you know better and will be disagreeing in the comment section
I consider myself a pretty successful trader
Yet when traders with more experience and capital than me give me advice that I don’t necessarily agree with - I don’t start an argument with them
I think “well if they’re in this position and are saying it to me, it must be true in some way” and I do more research on it
Stop letting your ego get in the way of your progress
TOP-DOWN ANALYSIS:
Daily:
Find the market direction.
Check if price is trending or ranging.
Mark major highs and lows.
This gives you your buy or sell bias.
H4:
Spot liquidity zones.
Look for equal highs and equal lows.
Identify big reaction areas.
Refine your bias with clearer structure.
H1:
Sharpen the setup.
Watch internal structure.
Look for BOS, shifts, and rejections.
Confirm if your bias still holds.
M15:
Prepare your entry.
Wait for clean confirmations.
Look for micro BOS or retests.
Aim for tight stops and high R:R.
M5/M1 (Optional):
Use only for ultra-precision.
Catch small liquidity grabs.
Refine, don’t rush.
Control emotions and stay disciplined.
Trading is you vs Your Funds:
The stop loss paradox:
You use stops to protect yourself.
But stops have a hidden cost.
Every stop is a guaranteed loss.
You cap your downside.
But you also guarantee many small losses.
Meanwhile your winners need time to develop.
Tight stops kill winners early.
Loose stops let losers destroy you.
Most traders never figure out the balance.
Here's how to fix it:
Step 1: Check how much the asset moves daily.
Step 2: Set your stop outside that range.
Step 3: Reduce position size so the wider stop doesn't kill you.
Example:
Asset moves 1% daily on average (ADR).
Don't use a 0.5% stop.
You'll get chopped by normal noise.
Use a 2% stop.
Cut your size to a quarter.
Same dollar risk.
Way better odds.
Stop losses work.
But only if you size them to the market correctly.
HOW MUCH WILL $100 BUY?
1900: $100 would buy 8 months of groceries.
1960: $100 was worth $37
2000: $100 worth $6
2025: $100 worth $3.80
Money tip # 2: On how to be a winner as the global economy crashes is:
“Stop Being a Loser.”
Losers are losers because they continue to think…using old $ ideas….taught them by their mommy and daddies.
Losers in this crashing economy will fight like dogs…hanging on to old $ ideas….like the rest of the world’s losers.
Start thinking like a winner….stop hanging on to FAKE $…..and become a winner as the global economy crashes.
In Rich Dad Poor Dad, published in 1996…. I warned “Savers are losers.”
Practicing what I teach….I have been saving silver since 1965….gold since 1972, Bitcoin since 2019….Ethereum since
2023.
Recently I purchased my $ 4.5 million home for $450,000 in gold purchased in 2000.
My lesson #2 on how to be a winner as the world economy crashes is:
“ Stop thinking like an OG loser.”
Open your mind….seek new $ ideas.
Old ideas are expensive.
New ideas are FREE.
Lesson # 3 of 10 on the way soon.
Take care.
Thank you to Ryan’s Money Lab for stats on $ and great $ ideas….that are free and priceless.
Today's dump makes absolutely no sense.
Bitcoin dumped -$5,000 in 3 hours
$210,000,000,0000 wiped out of crypto market in a single day
Nearly $700 million liquidated
And the craziest part?
There wasn’t a single negative news today.
No FUD.
No Trump tweet.
No stock market crash.
No tariffs or bad earnings.
There is no logical explanation for this.
This feels like a pure manipulation dump to wipe out the leverage again.
The target for Bitcoin is $40,000
for a 67% correction by Dec 2026.
All bear markets have lasted 365 days roughly.
85% correction from 2013's bull market.
85% correction again from 2017's bull market.
78% correction from 2021's bull market.
Expect the worst. It's happening.