Yet.Another.Trader

scalper

YT:
IG: yet.another.trader

[Alex Hormozi @AlexHormozi]

If you want to impress poor people, outspend them.

If you want to impress rich people, outwork them.

[Capital Hungry @Capital_Hungry]

Q1 was a warm up boys we were shaking off the dust.

Let's all DIAL IN Q2.
- Lift heavy weights 3-5x a week
- Cardio 3-5x a week
- Breathing and stretching training 3-5x a week
- Cut out alcohol and drugs
- Cut out processed foods and excess sugars
- Clean balanced diet
- Stay hydrated
- Follow trading plans
- Long term vision
- Daily work on our skillsets (backtesting, journaling, review)
- Keep faith in the higher powers / creator
- Daily gratitude
- Read, study, review something new everyday
- More time with family and loved ones
- Appreciate your friendships and relationships
- Cut back social media screen time
- Dial back consumerism
- Control short term satisfaction and indulge less
- Support and push eachother forward

Let's LOCK IN.

[MoneyTradeEdge | Better Thinking Better Trading @MoneyTradeEdge]

27 days left in 2023...

- Focus 100% on your edge
- NEVER break your rules
- Build self-discipline
- Develop confidence
- Improve yourself
- Be consistent

Don't wait 2024 to change your trading.

Just do it now.

[Yet.Another.Trader @YAfxtrader]

From the book "Radical Renewal: Tools for Leading a Meaningful Life" by Brett Steenbarger, Ph.D.

@Capital_Hungry gets all the positives

[Capital Hungry @Capital_Hungry]

When to use Prop-firms:
(In my opinion these traits/ attributes will net you the highest probability of attaining consistent payouts)

- 1-2 years of market study minimum
- Back-tested technical edge
- BASIC fundamental understanding
- Stable income/ readily available disposable income
- Functioning Trading Plan
- Understanding of Risk Management and Probabilities
- Minimal financial or personal stress (family problems, health problems etc)
- Long term vision rather than being short sighted
- No pressure to perform (Have to make X dollars by X time period)
- You adapt to market expectations and not your own expectations when trading
- You have the skill to walk away from charts when needed

[MoneyTradeEdge | Better Thinking Better Trading @MoneyTradeEdge]

Year 1: You want to become a trading millionaire.

Year 2: You start losing faith.

Year 3: Motivation is gone and no results yet.

Be patient. Great things take time.

Don't give up.

[philosophy for life @philosophy_life]

“The purpose of knowledge is action, not knowledge.”

— Aristotle

[Yet.Another.Trader @YAfxtrader]

@SutcliffeDavid The matrix is our own mind and ego.
We might want to escape from it, but at the end it is part of us and LOVING IT will set us free

[MoneyTradeEdge | Better Thinking Better Trading @MoneyTradeEdge]

116 days left in 2023.

That's enough time to become a 10x better trader before 2024.

Do these 4 hours per day for the next 116 days and you will gain top 1% trading skills:

1) Trade only backed 1 system or 1 setup
2) Always follow your rules
3) Keep your risk per trade to the minimum (0.5% or lower)
4) Focus on executing your system
5) Don't listen to other people's opinions
6) Trade. Win/Lose. Repeat for 116 days.

Most traders change systems within 30 days.

Most traders break rules due to fear and greed.

Most traders go all in and give up.

You are different.

[MoneyTradeEdge | Better Thinking Better Trading @MoneyTradeEdge]

90% of trading success is in your mind, not in the charts.

[MoneyTradeEdge | Better Thinking Better Trading @MoneyTradeEdge]

90% of traders have:

- An edge, but they don't execute it.
- A plan, but they break rules.
- A goal, but they give up at the first failure.

That's why most traders lose.

[Daily Stoic @dailystoic]

"Today I escaped anxiety. Or no, I discarded it, because it was within me, in my own perceptions, not outside." — Marcus Aurelius

[Andrew Tate @Cobratate]

Today you can act as an amateur or a professional. Decide what you will do right now.

[MoneyTradeEdge | Better Thinking Better Trading @MoneyTradeEdge]

Stop wasting time:

- If your execution is bad, backtest more.
- If your emotion control is bad, meditate more.
- If your system is bad, practice more.

In trading, everything depends on you.

[MoneyTradeEdge | Better Thinking Better Trading @MoneyTradeEdge]

Trading...

They call you crazy, but you only face your emotions.

They call you gambler, but you only take calculated risks.

They call you workaholic, but you only work on your financial freedom.

Keep going.

[Andrew Tate @Cobratate]

Great men are always afraid. They just do it anyway.

[Luke Belmar 👽 @lukebelmar]

The process is the prize. Who you become in the journey of achieving great things is what makes you great.

The rest is just a bonus

[Robert Greene @RobertGreene]

The greatest danger you face is your mind growing soft, losing touch with the harsh realities of life.

[Dale Hardiman @1dalehardiman]

I hate the expression ‘life got in the way’.

What does that even mean?

You are in charge of your life.

Get out of your own way.

[Yet.Another.Trader @YAfxtrader]

strong decrease in CPI #CPI