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@I_Am_The_ICT I've been noticing since Feb 11 something is different, but not much change though, nowadays in eurusd and gbpusd, rarely is there pullbacks to p&l price just act as if the premium and discount levels don exist in most entries
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@moutouxman @81array @I_Am_The_ICT You gotta troll them when they don’t understand the don’t understand the sarcasm 😂😂😂
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It is a Good morning...
Well, I occasionally go through the long list of people, firms, exchanges and the like, who follow my social media accounts.
I'm sometimes surprised to see that it is list of who's who. Many are the largest names I once looked at when I was not a household name in the industry.
I see many of them discussing the recent increased volatility in the markets. You have been primed well in advance of this and it should bring you satisfaction that you were not victimized by sudden events in market pricing, as we talked about it long before it materialized in the markets.
This volatility is going to increase. It may impact us as Traders to a degree that it forces us to remove our equity by our choice... to preserve capital. This is wise, this is prudent, it is not weakness or fear.
I am reading so many inexperienced or blatant gamblers belly-aching over margins being increased. Or prop firms lowering exposure or contract maximums on customers.
If you are angry over this, you are a fool. If you feel cheated, you are trying to gamble. If you complain about it - you literally are telling the world that you have no risk management, you are out of touch with Global Risk, Gap Risk and deserve to experience financial Darwinism.
Don't be foolish and treat speculation and trading like online poker, only to discover your actions lead to an extinction level event for your finances.
Slow down, size down.
It is time to put on your Risk Management cap and conduct yourself as the world's most patient Risk Manager in the world.
If you disagree, unfollow me... please.
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Verified Trader Larry Williams has NO IDEA who @I_Am_The_ICT is, he only knows a company called ITT.
His message to Michael Huddleston:
Focus on making money in the market and winning the competition, don’t get fixed on beating Big Larry.
Phenomenal episode on TOT is out now:
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