Alex

No risk, no reward. Day trader 📈

[Alex @x0k5r]

Dear me, you'll be proud of yourself.

[Alex @x0k5r]

Start your day with your hardest task and watch the rest of the day flow easily.

[Alex @x0k5r]

XAUUSDT

[Alex @x0k5r]

Your first 100 trades aren't about getting rich.

They're about discovering:

What works.

What doesn't.

What you keep doing wrong.

[Alex @x0k5r]

Most traders don't lose because their strategy is bad.

They lose because they can't follow it.

[Alex @x0k5r]

A trade can be perfectly executed and still lose.

That doesn't automatically mean you did something wrong.

[Alex @x0k5r]

Most traders don't lose because they can't analyze charts.

They lose because they can't wait.

[Alex @x0k5r]

FOREX ACRONYMS EVERY TRADER SHOULD KNOW

MARKET STRUCTURE
BOS - Break of Structure
MSS - Market Structure Shift
CHoCH - Change of Character
HH - Higher High
HL - Higher Low
LH - Lower High
LL - Lower Low
EQH - Equal Highs
EQL - Equal Lows

PRICE ACTION / SMC
FVG - Fair Value Gap
IFVG - Inverse Fair Value Gap
OB - Order Block
BB - Breaker Block
BPR - Balanced Price Range
POI - Point of Interest
LQ - Liquidity
BSL - Buy-Side Liquidity
SSL - Sell-Side Liquidity
OTE - Optimal Trade Entry
SMT - Smart Money Technique

TECHNICAL ANALYSIS
S/R - Support & Resistance
S/D - Supply & Demand
EMA - Exponential Moving Average
SMA - Simple Moving Average
VWAP - Volume Weighted Average Price
ATR - Average True Range
RSI - Relative Strength Index
MACD - Moving Average Convergence Divergence
SL - Stop Loss
TP - Take Profit
BE - Break Even
RR / R:R - Risk-to-Reward Ratio

TIMEFRAMES
HTF - Higher Time Frame
LTF - Lower Time Frame
TF - Time Frame
M1 - 1 Minute
M5 - 5 Minutes
M15 - 15 Minutes
M30 - 30 Minutes
H1 - 1 Hour
H4 - 4 Hours
D1 - Daily
W1 - Weekly
MN - Monthly

FOREX / TRADING
FX - Foreign Exchange
PIP - Percentage in Point
PP - Pipette
BID - Price at which you can sell
ASK - Price at which you can buy
SPREAD - Difference between Bid & Ask
LOT - Standardized Trade Size
LEVERAGE - Borrowed Trading Exposure
MARGIN - Capital Required to Open a Position
SLIPPAGE - Difference Between Expected & Executed Price
SWAP - Overnight Financing
BE - Break Even

ECONOMIC NEWS
FOMC - Federal Open Market Committee
Fed - Federal Reserve
NFP - Non-Farm Payrolls
CPI - Consumer Price Index
PPI - Producer Price Index
GDP - Gross Domestic Product
PCE - Personal Consumption Expenditures
PMI - Purchasing Managers' Index
ECB - European Central Bank
BoE - Bank of England
BoJ - Bank of Japan
RBA - Reserve Bank of Australia
BoC - Bank of Canada
SNB - Swiss National Bank
RBNZ - Reserve Bank of New Zealand

SESSIONS
AS - Asian Session
LS - London Session
NY - New York Session
LON/NY - London/New York Overlap

RISK MANAGEMENT
RR - Risk-to-Reward
R - Risk per Trade
SL - Stop Loss
TP - Take Profit
DD - Drawdown
EV - Expected Value
WR - Win Rate
PF - Profit Factor

JOURNALING
BE - Break Even
MAE - Maximum Adverse Excursion
MFE - Maximum Favorable Excursion
R - Risk Unit
A+ - Highest-Quality Setup

[Alex @x0k5r]

Why do you avoid trading during FOMC announcements?

[Alex @x0k5r]

The consistency rule exists because they know exactly how you actually made the money.

[Alex @x0k5r]

Forex is the only job where you can be right about the direction and still lose everything because you were 4 hours early.

[Alex @x0k5r]

Nobody sees the 500 hours of studying.

They only see the winning trade.

[Alex @x0k5r]

Imagine if you treated trading like a business instead of a casino.

[Alex @x0k5r]

Your biggest trading enemy isn't the market.

It's the version of you that wants revenge after a loss.

[Alex @x0k5r]

@markminervini Awesome

[Alex @x0k5r]

@reeyah_sa Gambling?

[Alex @x0k5r]

@crypt_smiles Whats good mate

[Alex @x0k5r]

You don't need more trades.

You need better trades.

[Alex @x0k5r]

@umcencesheli 🫡

[Alex @x0k5r]

@KeyLow_fl @Realboni_fx 🫶

[Alex @x0k5r]

@NxtGen_Trader I can't stand them 😅

[Alex @x0k5r]

Trading Twitter will make you believe everyone is profitable.