@t0mbfx I think people
Should stop putting their own limitations on people, while I agree having a second source of income will make trading easier Iโm sure their are plenty of traders that threaded their way out of poverty ๐ฏ๐ฏ
@marcus077777 Only people justifying the lazy behavior is people who donโt know how to go all in with themselves for they kids, they didnโt ask to be here.
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.
go pull up the 6AM candle on your chart right now
this one candle predicts the entire New York session direction
and almost nobody uses it
a guy in my discord called 14 out of 15 trading days correctly last month using only this
here's the exact system:
THE 6AM REVERSAL SIGNATURE:
at 6AM EST, institutions show their hand
they either:
- push price into a key level (reversal incoming)
- expand away from a level (continuation day)
the 6AM candle tells you WHICH
STEP 1: mark yesterday's high and low
STEP 2: at 6AM, watch where price trades relative to those levels
STEP 3: if 6AM sweeps a level but CLOSES back inside the range = reversal day
STEP 4: if 6AM expands and closes BEYOND the level = trend day
that's it.
EXAMPLES:
6AM sweeps yesterday's high, closes back below it โ sell the rip at 9:30
6AM sweeps yesterday's low, closes back above it โ buy the dip at 9:30
6AM breaks high and closes above with momentum โ only look for longs
most traders show up at 9:30 with no bias
they're "reacting to price action"
aka gambling
smart traders showed up at 6AM
they already know the direction
the 9:30 open is just their entry window
THIS IS THE EDGE:
institutions set up the move between 6-9:30
retail shows up at 9:30 and provides the exit liquidity
you can either BE the liquidity
or you can TAKE the liquidity
the 6AM candle tells you which side you're on
go backtest it. 30 days. track the results.
you'll never trade blind again
free discord in bio
(DM "SYSTEM" for fully private 1-on-1 coaching - this is a high ticket offer, i only take 1-2 traders at a time)