@lautarodeIcampo@sudanalytics_ Argentina no es cuco, hablemos de fútbol. Fue superior a Argelia, flojito contra Austria, le ganó de milagro a Cabo Verde, hasta el minuto 75 iba perdiendo con Egipto, la pasó horrible contra Jordania, y casi va a penales contra Suiza. Le sacas a Messi y, te queda San Marino
If you bought $100 of Bitcoin when Coinbase was founded in June 2012, it would now be worth about $1,500,000.
If you kept the $100 USD you'd only be able to purchase about $73 worth of goods today.
Bitcoin is the best performing asset of the last 12 years, and it's still early days.
Every government, especially those looking to create a hedge against inflation, should create a Bitcoin strategic reserve.
Happy Bitcoin $100k day.
You will soon see many prominent firms make the transition to a fully capital-backed model
Their evaluation parameters will be updated to reflect what we currently have in place
Firms who do not A-book traders will soon be a thing of the past
#TeamTraddoo
a path to sustainable trading
everything you need to do,
not the easy but the necessary
one year done properly can change everything
first,
stop comparing yourself to other traders
forget the trades they took
forget the profit they posted
forget the analysis they shared
none of that progresses your own trading,
it only adds unnecessary pressure and expectations
everyone is at a different stage in their development
when it comes time to press the buttons,
it will only ever be you and the charts
any outside influences causing you to hesitate on your decisions, feel impatience, or pull you outside of your trading plan should be removed
the only thing that matters is the ongoing information the market is providing from your own perspective
anything else is negative
you can learn from traders,
but do not force yourself to replicate them
second,
avoid consuming targeted content
“learn ICT in 30 minutes”
“100% win rate strategy”
“easiest model to learn”
or anything shared in a similar manner
ask yourself how serious you take this
you should be drawn to educational content for the potential value being offered,
not because of a perceived shortcut
these people only want your attention,
and are willing to choose views at the expense of their followers progress
never be a victim to this
establishing any notable edge in efficient markets will take a lot more effort, time, and refinement
shortcuts will only lead to disappointment,
everything good in trading exists on the other side of the tedious work
third,
journal every single trade you place
across all accounts,
under any trade outcome
everything
journaling can be uncomfortable for some,
it was for me at the beginning
it will expose the reality of your performance and force you into change
if you never address your losses,
your mistakes will slowly become consistent habits
if you never address your wins,
you will never be able to highlight the positives
and at the same time,
there are bad wins and good losses
being able to distinguish between the two through journaling plays a significant role in refining a process
fourth,
focus on learning just one price signature
the market distributes money to traders with defined edge and takes from those who are inconsistent in actions
being average in many approaches will never compare to being proficient in only one
if you do not know where to start,
my recommendation is always to focus on capturing expansions within one specific market and time window
expansion is the intermediary phase of price delivery between consolidation, retracement, and reversal which offers the least resistance to price objectives
once a skill to anticipating expansions is established,
you have a foundation to build from
entries become simple
managing trades becomes simple
knowing when to participate becomes simple
not easy, but simple
regardless if this recommendation fits you,
focusing on one price signature is about concentrating your edge to specific moments when price is obvious and you can perform best
fifth,
learn to be comfortable while remaining sidelined
this is the final point because it is crucial learning point
many attribute sitting out to missing out on opportunity,
often due to my first point
seeing others trades
seeing others profits
seeing others analysis play out
allowing external and irrelevant factors to influence your emotions and decision making on a market which does not see any of those things
this is why patience is a struggle
you simply need a perspective shift
the purpose of being sidelined is to remove yourself from the market during a time you would otherwise be at a disadvantage
protecting your capital during times which you would likely be at a loss is the equivalent to making money
if you can consistently protect your money,
your wins during times when edge is present will be emphasized and not drowned out by previous losses
that is how you get the highest expected value out of any trading system
at the same time,
remember that being hesitant in an abundant market is just as harmful as being ambitious in a market which is not offering
both are important when understanding the line between patience and a trade opportunity
and that is it
if this could help lead just one person in the right direction,
that is good enough for me
these are the lessons among others that I will continue to preach throughout 2024
will be closing my year on that note,
trading begins again next week