Alex

$TAO Some scalps short ideas with one potential swing long

Let’s be very clear about this. The Straits of Hormuz being closed for months is a global humanitarian catastrophe larger than anything we’ve seen since World War II. Millions of people are going to starve to death. I want you to keep this in mind next time you hear “SPX up.”

I am serious. However big you think this is now, at least double it. Protect yourself, at the very least. You don’t have to go seeking riches from this opportunity. Take care of what’s truly important first.

@TraderSumo1 Thank you Sumo.

The basics of trend progression, a trading methodology you've probably never seen.

@TraderSumo1 @minordissent

@minordissent What happens when you realize not all of your thoughts are your own?

This was definitely one of my biggest red pills in life. I always thought i was rational and logical and was objectively assessing reality. Once i realized everyone is compressing out 99.999% of the data and thus are operating almost entirely on bullshit core premises that make micro level rationality irrelevant, and thus that just believing what is most effective regardless of its truth value is not any less objective, i started doing that and my life has only improved every day since.

@TraderSumo1 @DiegoBTrades What is the meaning of this red box?

Pink are actual levels. When price closes in the red box, it's telling you, retest of above levels and then maybe new highs. If the level that creates the box does not hold, the "X", your immediate expectation is new swing lows. Smart to close for b/e or small loss. Smarter would have been taking profits at levels above and leaving some to ride.

Ended up getting break even on this trade market just didn't want to resweep the high

@Trader_Vantage @EdwardMarkson1

$BTC Took this live with @EdwardMarkson1 on our mentorship call. Easy peasy :)

@BowTiedLobster The one !

I know I am not humble to say this, but I am a genius. I “know.” Today I speak with a certain level of confidence that matches my prodigious mind. But even I must manage my risk. Others talk as if they “know” when they do not. Focus on character, not small sample sizes.

There are periods where a single macroeconomic event overwhelms all technical price action or market internal data. If you’re exceptionally good at judging others for credibility and assessing domain expertise, it’s possible to spot them. Most should follow their own process.

We are giving away 4 free subscriptions to SixOneEighters. 4 winners. 4 months free access each. To enter: 🔹follow us 🔹repost this post. Winners announced in 72 hours. From traders, for traders.​​​​​​​​​​​​​​​​ #SixOneEighters #TradingJournal

The entire funded firm model operates much like an insurance company. Think about health or car insurance. The goal is to take in as many premiums that they can, and deny as many claims as possible. Now if you understand this model, you understand why they are constantly changing rules, payout limits, etc. If you show too much profitability, you get moved to a live account and eval banned. The entire industry is purely aligned with trader failure, and account churn. Their profit models allow them to float their claims (costs) month over month, as long as they can recruit more customers to churn. It's unsustainable. Competitors enter the space and they all slash their margins as low as they can until they get bought out, or go out of business. We are in this stage now. Customers become exhausted because costs to the firm are fixed and have little room to decrease. If customers actually understood that only 1-2% are ever getting a payout, they would just go the the casino instead (better odds). What I'm building will change all of this.

@TraderSumo1 @masked_stat @Blue_Devil_06 Love that content, thank you

@masked_stat @Blue_Devil_06 Last thing I'm gonna say, this is more complicated than you think, but it will trade circles around any other strategy you can show me.

Today I’m open sourcing one idea shared by @TraderSumo1 Tested and validated by a certified monkey trader 🐒

@Trader_Vantage Wb bro

I’ll be a lot more active on X from tomorrow, lads. Let’s bring back regular updates (weekly and daily) and some educational posts I’ve planned as well :) 💪

@TraderSumo1 Still acceptable

@CryptoMicra What if I had to push the min payout upto 4-5K?

What is a better prop account, and which do you prefer? 10K account: $350 10K drawdown 10micro starting size (scale as you profit) 3K min profit target (3K cashout) 15K profit cap. No consistency rule. Or 150K account: $550 6K drawdown 10+ minis starting size. 9K profit target (3k cash out) 30% consistency rule.

You have to understand. Spending 1 hour per day on brainrot is insane. That's about 6% of your waking day. About 5 years of your waking life. Half a decade. On brainrot. Just gone. Zero return. Zero fulfillment. Zero meaning. Zero contribution to the other parts of your life.