Josh

Prediction is a future expectation. Expectation enables confirmation bias. Confirmation bias limits our ability to see or act in the now. This blindness is the root of most traders problems.

Exercise caution with who you allow in your sphere.

@systematicls Positive sum energy individuals are group energy multipliers by orders of magnatude. Zero sum energy individuals negate positive group energy with divide by zero energy. Negative energy individuals invert that positive collective energy with multiply by negative one energy.

Avoid people with zero-sum energy like the plaque, even if they are brilliant. They will eat your lunch as you try to help make theirs. On the other hand, if you can put together a team where everyone has positive-sum energy, then you will soon bathe in abundance.

Predictions are just false certainties in the land of make believe.

@Jacobtradesz Yeah, but the real question is; are you the regular gambler, professional gambler or the house?

Trading is gambling

@rugal_fx They are both interrelated variables of expectancy. If you are asking this question or expectancy is not part of your answer then that is what you should learn about next

Dear traders: Which one is more important Win rate or Risk to reward?

@Deartrader1 Error / 0?

Are you profitable? Do your friends know you're unprofitable?

@KhalifaJnr_7 Both using expectancy to optimize profitability.

for the last time: which one is better Win Rate or RR ??

@deartrader__ Good entries can make you money. Good exits can change your financial future.

Dear traders: Do you prefer a good entry or good exit???

@LEGACE_FX The knowledge of how to implement a proven strategy. The patience to wait for the matching entry conditions. The ability to execute the entry with proper risk management. The discipline to properly manage the trade. Doing all of this while maintaining a probability mindset.

What really separates profitable traders from everyone else ?

@Hunt4Trades Your growth has been amazing these past few years l. Keep it up There is a third direction of sideways or neutral. Adding this direction is helpful for when to not implement a directional model. Think more mean revision or delta neutral option plays.

That’s something I realized. I don’t need to be right at all times, just able to understand quickly when I’m not! The market only goes 2 ways, and there’s trillions of dollars in it, we can all make money! I just like to have any advantage available to me when going up against the richest and smartest people and machines on the planet. I must be CRAZY 🤯😂 I’m only here to share my thoughts because people sharing theirs caused me to be able to come up with mine. Seeds planted here and there, some grew, some died. Now it’s my turn to plant seeds! ICT community ends up with this cult like mindset because we are shown “perfection” and anyone who believes that isn’t repeatable every day every time you take a trade is watering the seeds of doubt planted by the times perfection escapes us because we’re humans. I followed the path that said “put more time in. Watch more videos” and eventually I found myself going in circles. Like I was stuck in the circle trading. I want to be trading in the zone, not the circle! lol

Time to twist some undies: You can't predict what will happen with certainty, but you can identify and respond to what is happening. Market Makers are not takers of liquidity, it is their job to provide it.

@VClouette 4RR with 25% WR is an expectancy ratio of .75 so for every $100 risk is an average return of $75 . This is highly profitable! 1RR with 75% WR is an ER of .5 which would be $50 per $100 risked on average Both are above an EM .25 and are worthwhile but first is more profitable.

4R with 25% Winrate Or 1R with 75% Winrate For a propfirm account?

@Hunt4Trades 💯 When accepting uncertainty. There is no right or wrong only falling on the right side of probabilities or not. I am not here to be right, or impress others. I am here to grow myself, my accounts, and those who surround me. I don't care who is right or wrong. Only what is.

That’s my next weak point I need to work on, in life and trading! Hard to do when there’s so much focus on precision and needing to be right or someone will make fun of you for having a couple extra arrows on your chart or for changing your view or opinion in the future 😂 I saw something recently that said a sign of high IQ is being able to not get offended by someone presenting disagreeing information, and instead asking questions and then being able to accept you were wrong and changing your perspective of beliefs. Very interesting when you see how some people respond to certain things on this app 🤷‍♂️

@Hunt4Trades The sunk cost fallacy applies in our beliefs and actions just as much as any trade. Most new traders don't use or constantly move their stop loss not only in trades but in life too. Over time you get more comfortable cutting your losses quickly as well.

Me either it’s just hard not to because that’s what it ends up turning into unfortunately. It’s not easy to accept someone bringing something into your attention that you may have purposefully ignored or looked at like it was nonsense while being told it was unnecessary by someone you listen to for 4-8 hours a day for years on end That’s what is a little silly to me. What I saw wouldn’t have clicked so quickly, and I wouldn’t have been able to tie the thing I spent no time on together with something I spent all my time on the last 2 years in less than a week if they weren’t the same thing! It’s like trying to be a sniper with a pistol and a red dot, instead of a 50 cal with a 16x scope lol

@Hunt4Trades I am really not trying to clown on anyone's methodology or approach. I am simply trying to open an honest debate about how these markets actually work. Not just how everyone thinks it works or oaaorts what they have been told without researching it themselves.

@JoshHash Just tell them that 9:36 is the secret time, it’ll keep them satisfied for a while! 😂 (good ol 369 joke)

@Hunt4Trades I am tired of not saying what needs to be said just because others might get butthurt. I realized that by not speaking the truths out loud I am not helping anyone. If I am wrong I welcome the challenge against it. But notice how no one has accepted that challenge???

@JoshHash Gotta be ready for battle at all times on this app when you diverge slightly from what your surroundings consider the norm 😂

@Hunt4Trades I know right. Remember when everyone thought the earth was the center of the universe or that we shouldn't wash our hands... Current retail trading beliefs are like that lately.

@JoshHash Woah woah woah… you need to relax with all this blasphemy! 😂😂 They’re going to be coming for you with pitchforks!

@casper_smc I disagree. Paper trading allows a trader to find a technical edge and practice execution without the emotional component. It can teach patience just as well to wait for proper signal and not just push the button. Then once proven emotional aspects become clear with risk.

Paper trading is completely useless. It teaches you absolutely NOTHING about trading, yet every guru yaps about it. Trading is a game of making decisions under pressure, not drawing lines and pushing buttons based on patterns.

@BanksPippy @RapidRepricing Trading psychology, risk management, and systemic development are the keys.

I GUARANTEE YOU ANYONE WHO SAYS TRADING PYSCHOLOGY DOES NOT MATTER IS NOT PROFITABLE !!!!!!