Northside

Close your eyes and see the world, open your eyes and see your mind | trading markets

[Northside @Northside_Trade]

Did you know that if there were no blinds in poker, the game-theoretically optimal strategy would be to play only aces?

Btew in trading you don’t have to pay blinds.

[silky @tradersilky]

most people don't understand porn addiction, worsening it

porn is a safe place to face trauma, issues, fears, things they repress etc. and it's easy to access. in your room. safe

shame, adding labels etc. to push it back makes it snap back at you 100x harder

notice the "freak"

[Northside @Northside_Trade]

@joker_szn Absolute shitshow

[Northside @Northside_Trade]

@joker_szn Nq is in htg consolidation imo, 10r is huge bri

[silky @tradersilky]

If you're trading from a "sunken place" you're fucked.

You're just letting things happen to you.

Before every trading session, as funny and stupid as it sounds you need to dangle keys in front of you, take a breather...observe what's going on within from 3rd person, don't rush.

[Sawyer @SawyerWhisler]

Hot shower every night. Warm bed. Food in the fridge. Truck in the garage with heated seats.

We live better than kings did 100 years ago and still complain.

American problems pale in comparison.

Reminder: Life’s pretty damn good.

[silky @tradersilky]

A lot of people quit trading because they're forced to face themselves.

The market makes you confront every part of who you are-the good, bad, ugly.

Your strengths and weaknesses have to unite.

You have to acknowledge your "bad" side and embrace it, which breaks many of you.

[david @joker_szn]

how to win the prop firm game:

first off, prop firms are not “funding”, they’re a business model that sells you leverage

your job is to extract payouts without giving them reasons to deny you

in live trading, you optimize for long-term account growth, when trading prop firms, you optimize for ROI

one of the main mistakes traders make on props is changing strategies between phases

they try to “gamble” the challenge phase and once they pass an evaluation, they want to go “big”

that’s how you fail

always use one strategy across all phases

same setup selection, same execution rules, same risk logic, same behavior

if you cannot repeat the same process, you are not consistent

when it comes to FX prop trading, short-term/swing trading is by far the most successful approach based on data

but because it forces patience, and patience prevents rushing challenges

most of you fail challenges because you try to speedrun them

rushing creates overtrading, overtrading creates rule breaks, rule breaks create denied payouts and/or restrictions

your goal is not to pass fast, but efficiently

a few precise trades with proper risk allocation, like a surgeon

it’s that simple

smaller consistent payouts > one huge payout

don’t trade in a way that makes them want to investigate you

props look for people who behave like gamblers

they are unregulated, if they don’t want to pay, there’s nothing you can do about it

that being said, carefully decide which firms you want to work with

if you buy trash, don’t expect great service either

what to look for when picking a CFD prop firm:

- avoid instant funded accounts, they exist because it’s easy money for the prop

- go for a simple two-step with reasonable rules and time flexibility

- ability to hold trades without stupid restrictions

- news trading and weekend holding allowed

- clear drawdown logic and payout policy

do not rely on props as your only income early

if you need the payout to pay rent, you are cooked

rushing leads to forcing trades, forcing trades lead to rule breaks, and rule breaks lead to blown accounts

prop firms are nothing but like a business cashflow stream

you want repeatable monthly extraction, not one huge payout

most people try to pull 10 percent out of a small funded account on a monthly basis

that’s not sustainable without blowing up your accounts consistently

instead, scale funding so you can target small percentages

1% on 100k = 1k
1% on 1m = 10k

getting 1 percent on a big allocation is easier than 10 percent on a small allocation

if you blow accounts, it’s either tilt, or you simply don’t have an edge

if you are not consistent yet, redefine the goal of challenges

your goal is not to pass, but to collect data

you are looking for one thing only:
the bottleneck that keeps you from repeating clean execution

once you find it, you fix it

not mainly your system, but your behavior

markets rotate through really good, average, and slow months

so does your system’s performance

forcing a fixed return goal in a slow month is how you destroy accounts

this is normal

some months make your year

some months are break-even

some months are slow and choppy

the correct response is not “trade more”, it’s “trade less and protect the account”

arbitrary monthly goals are stupid

in below-average months they force overtrading

in above-average months they cap upside because you stop early

both outcomes reduce long-term expectancy

most traders get a payout, then spend it

instead reinvest into scaling more accounts and increasing your allocation

invest into appreciating assets such as equities, real estate, or another business

remember, the goal is to become independent from prop firms

you want to be able to pay your bills from your “passive” income

if you want to get rich, it’s going to be boring

boring execution, patience, and slow compounding

stay boring and become rich, cheers.

[Northside @Northside_Trade]

@kian_sasan PEACE

[kian @kian_sasan]

the UAE should control and rebuild Palestine and Israel with the USA 🇦🇪

and make a new Persian Empire together with the USA 🇺🇸

they are the only ones capable and we all know

sounds like a plan 🕊️🥳

[Northside @Northside_Trade]

@joker_szn Same trade on eu

[silky @tradersilky]

ask yourself:

"how many times does NOT following my rules benefit me" and you will soon realize that you can save yourself a lot of money, pain and energy...

because even before you do the dumb thing, you feel uneasy and squirm in your chair...you KNOW

seldom is it worth it

[brody @adreon]

log on instagram, for every story there's 2-3 ads

log on twitter, everyone is a paid shill

google "drink fridge" and now i'm targeted by 100 drink fridge brands

every influencer is selling something, every shopping experience is 1 click buy, all of these products are garbage run-of-the-mill southeast asian slave labor slop made to max extract from people who can't even afford groceries/rent

the us economy focuses entirely on the concept of consumer spending. one hiccup and asset prices turbo nuke to zero, retail/pensions suffer the most

consumerism sucks, the online experience sucks, markets are stupid

... but the real world is quite sick. don't let the technofuedelism infect your childlike wonder

[Northside @Northside_Trade]

@_isha_here Ass

[Northside @Northside_Trade]

@blknoiz06 Only do that if u wanna make assassina

[Northside @Northside_Trade]

@westernexile Thats vienna

[Northside @Northside_Trade]

@theOTEtrader Damn i missed it

[Northside @Northside_Trade]

@oldstocky Thats no religion, thats italy

[Axel (fastr) @fastrlife]

THINGS THAT NEEDED TO HAPPEN:

Fumbling the 7-8 with a great body that loved you first

Being dead broke

Falling out of touch with friends that existed because of where you grew up

Getting rejected by a 10

Being laughed at/hated for thinking differently (truth + approval can’t coexist)

Losing life’s structure after college

Realizing the money doesn’t change interpersonal relationships (need to be the same guy with or without it)

November 2021

Understanding unconditional love comes purely from family and pets (other people prioritize their own lives)

[Northside @Northside_Trade]

@theOTEtrader @theMMXMtrader I dont get where the bias comes from tbh, just daily candle closure and an anticipated retracement back into the range?

[david @joker_szn]

“what’s your routine bro?”

alright listen, I wake up, get a protein shake, and open the charts

either there’s a potential setup or there isn’t

act accordingly and move on with your day

the problem is most of you have no life outside the charts

that’s why you keep babysitting every candle until your brain makes up a setup

you don’t make it in trading by letting the market own you

trades should come from a flow state, not from boredom or obsession