Martin Luk

I'm really happy to share my story with everyone. The editorial magic from Kyna has enhanced the post a lot. Hope you find it helpful.

@wey_how12640 🫪🫪🫪

Your Winning Trading System (My conclusion based on 16 votes) What I am going to say will attack all the categories whether you already have a system or not, copied or own. However, I believe a realisation of what's truly important will determine if you belongs to the 90% of traders who are still struggling, or if you can be the next Martin Luk @martinlukkt. A) The Predicament of Settling with THE System There are many valid methods and strategies to make money in the market. There is a saying that “you have to stick with a system long enough” for a strategy to work, instead of hopping from one system to another. There is also a saying that you should not just copy someone’s system, and should come out with your own. So what’s what? How do I know where to start, and how to end? Do I just start with System A and ends with System A+, or start with System B and ends with System C? When should I give up on a system? B) Personal Experience I attended many trading and investment courses before, and I think I am a good student - I possess the intelligence and I commit to hard work to learn what’s necessary. Everytime I finished a course, I would share my excitement and winning trades with my wife that I have found the holy grail. But then that would come a period that I lost money again, and I went to attend and learn a completely different strategy. The whole thing is a rinse and repeat, and the ending is always the same, and miserable. As someone who has tried, and ultimately failed in so many systems and strategies, and I even flipped from a complete 100% objective system trader to a finally 100% discretionary investor, I can tell you these three important facts: C) Three Important Facts (The 3rd is the Most Important) 1) No System is the Holy Grail System - Each system has its strengths and weaknesses - Some system works well in a particular market environment, but not otherwise - The Market evolves, the cycle changes, and probably your system should too. I have seen famous gurus who can’t explain why their systems no longer work that well anymore, and they are also then no longer famous. 2) The Best Trader exercises Discretion and Adapts This suggests that sticking with a fully mechanical system is not "the best", unless the system itself is versatile and robust. The most successful trader should be one who is flexible enough to take advantage of the market at any time, by exercising his discretion on what’s the best strategy at that time for that market environment. Things like buying PB, UC&R or BO in certain environment, and why trying-to-hold instead of selling-into-strength works better when it is the start of a bull market in 2024. Or if this 4th industrial revolution which is the greatest in human’s history can invoke a raging bull market that last for another few years or a decade, is a “Buy and Hold” strategy finally in favor again? The “investors”, which in the recent past being viewed negatively by the younger generation of traders, are actually now more aware of the market and much more smarter and wiser. Many investors are themselves experts in the field and they share real alpha informations and development in the market. The result? Investors sitting in their select themes and names have been cruising the market with ease, and they should be proud of themselves. The best trader catches all the subtle cues in the market for the wind of change, and is not afraid to adapt to the new market environment by selecting what method to use, instead of rigidly following an old system which has been working well in the past but not in the current. For most traders, it is easier and better to stick with a mechanical system because discretionary commands a great deal of market sense and experience, and it requires a high level of emotional control to do things outside of black and white rules. However, please “undertand” your own system and know when your edge is not present, and always seek to improve and refine your own system. Know your strength and weakness, and carpe diem when your edge, when the market environment, presents. 3) The Perfect System for YOU This is probably the most important point. Why sometimes a copied system works for you, but not for him? Your system needs to fit your existing lifestyle, timeframe and temperament. You ought to have a system that ensure that you can maintain your utmost emotion control. If you can’t control your emotions, how are you going to trade? When your emotions fail, so will your system, because you can no longer execute nor carry one. You also need to know your system inside out, and know when your edge presents, and know when to STEP AWAY otherwise, just like how @martinlukkt skip trades which have ran too far out from a base for his appetite. You also cannot skip your own work and hard work in understanding and be a master at your own system, just like how @martinlukkt look back into the past on how the gold and silver moved on the climax top, as can be seen in the video below: D) The Interview with Martin Luk by J Law Team youtu.be/xVXB5AIg9dk?si… E) Final Words ~~~~~~~~~ 無招勝有招? 獨孤九劍無招，完全視對方招式而定，所以遇強則強。 《笑傲江湖》傳劍篇，風清揚對令狐沖說：「五嶽劍派中各有無數蠢才，以為將師父傳下來的劍招學得精熟，自然而然便成高手。哼哼，熟讀唐詩三百首，不會作詩也會吟！熟讀了人家詩句，做幾首打油詩是可以的，但若不能自出機抒，能成大詩人麼？」 活學，You should not just learn the method on the surface, but understand the why and the underlying intention. 活用，You need to know how and when to (or not to) apply. ~~~~~~~~~ Just like what @KynaKosling said, "Don't strive to just imitate the mechanics, imitate what lies under the surface." x.com/KynaKosling/st… The above is my $0.02. May you continue to move forward in your trading journey with clarity, without ever doubting your process again. “I must create a system, or be enslaved by another man's. I will not reason and compare: my business is to create.” ~ William Blake

Wanted to expand on this a bit. If you are trading say, a $300,000 account for a living and you know you are going to be spending $100,000 a year on living expenses for you family. Now you are up 30% for the year, or 100k. You've made what you need. What are the chances that this trader is going to be able to hold through a pullback where if their stops hit they are only up 20k for the year? What are the chances that if they try, they end up selling at exactly the worst possible moment (max pain/the lows)? I can tell you, from personal experience. The answer is zero and max pain/the lows. There is a reason why every trading book/trading professional always says don't trade with money you absolutely need. The emotions are amplified significantly and it makes it extremely difficult to follow process over outcome.

@NickSchmidt Thanks Nick and your huskies always stand out from all trading related tweets in my feed.

I've decided to step away from TraderLion and Deepvue. The last 10 years with Rai, Richard, and Ross has been the journey of a lifetime. Proud of what we’ve built to help traders, and rooting for everything they do from here. I’m looking forward to the future and what’s next.

@fatttboyyy555 #4caf50 and #ef5350

$WTI Of course it started selling off 3 seconds after I ended the stream

One Good Year Can Change Everything To those currently weathering the storm in these volatile markets: know that the real edge isn't a secret formula or a faster algorithm. It is the quiet, stubborn refusal to be shaken out of the game. I still remember the extremely difficult early days of my career, when I was living on the absolute minimum. Every single trading profit was immediately reinjected into my account to benefit from the power of compounding, while my student jobs covered the rest of my expenses. Those hard years left a deep mark on me. They taught me to stay humble and constantly remind myself where I come from. No matter how far you go, you never truly detach from your roots. After a few years, my trading activity and strict discipline began to pay off. The first six-figure trades started coming in, a real personal turning point. Yet even then, I struggled with impostor syndrome, constantly doubting myself and thinking I had just been lucky. But the markets kept moving: bear markets, bull markets, one cycle after another. Then came my first seven-figure trades, and the power of compounding continued to work its magic. Little by little, I realized it wasn’t luck. It was discipline, the constant study of my trading data, and hard-earned market experience that were making the real difference. Over time, you begin to truly know yourself — both as a trader and as a human being. You understand that your greatest enemy is yourself. You realize how pointless the game of comparison is. Trading is, above all, a deeply personal journey that forces introspection. Bear and bull cycles keep coming, one after the other, but your eye gets sharper, your analysis becomes more precise, and your emotions come under control. Eventually, you trade calmly, driven by genuine pleasure and a daily curiosity to wake up and become just a little bit better than yesterday. To anyone who is doubting right now: the market will always offer new opportunities. Capital preservation must remain an obsession. The power of compounding will do the rest. Discipline, honest self-examination, and a deep intellectual curiosity are what truly make the difference. Never underestimate the incredible power of compounding. Sometimes, it only takes one good year to completely change the game.

@Clement_Ang17 My favourite trading book🫶

"Why should I have the touch in Hong Kong, Calcutta, Saigon and Stockholm, and lose it when I was within half a mile of Wall Street? What was the difference? There was no easy solution to the problem and for a long time I was baffled. Then one day, as I sat in the Plaza Hotel afraid to make a telephone call, I suddenly realized something. When I was abroad, I visited no board rooms, talked to no one, received no telephone calls, watched no ticker. The solution was whispering to me but at first I could not credit it. It was so surprising, so simple and yet so extraordinary that I could hardly believe it. It was: My ears were my enemy. It dawned on me like a revelation that when I was traveling abroad I had been able to assess the market, or rather the few stocks in which I was interested, calmly, neutrally, without interruption or rumor, completely without emotion and ego. I had operated simply on the basis of my daily telegram, which gave me my perspective. It showed me the way my stocks were behaving. There were no other influences, because I did not see or hear anything else. In New York it was nothing like that. There were interruptions, rumors, panics, contradictory information, all floating into my ear. As a result of this my emotions became involved with the stocks — and the cold, clinical approach had gone." - Nicholas Darvas, How I Made $2 Million In The Stock Market

@urstrulyvikass I start with chart patterns. Start with anything fascinates you the most.

@martinlukkt Hi Martin, what would you recommend a newbie to start learning as a start, your recommendation will be very helpful.

There’s time to go long, time to go short and time to go dolphin watching

@BeSwiftMySoul New South Wales, Australia

@martinlukkt where is it? FLorida?

@ColossalSized Appreciate it 🙌

@martinlukkt Appreciate your thoughts, Martin. Your live streams are already a favorite among traders new and old. Thank you for sharing your scans and your time, and for taking us behind the curtain of what the process for a current and future legend looks like.

It's time to look for potential support level for short covering or mean reversion long. $QQQ is approaching to the AVWAP from April 2025 tariff low. An undercut toward 570 would be a level that I'm particularly interested in. It also lines up closely with the 50-week EMA. $WTI remains my primary anchor for overall market direction. Whether it holds above or loses the 9 EMA will be a meaningful signal for what comes next. A quick downside follow through after losing the 9 EMA would be crucial in determining whether high oil price is becoming the new norm.

@JS2TT no

@martinlukkt @martinlukkt2 Hi Martin! Do you have a class or WhatsApp group ?

$GLD $SLV Shorted at the first bounce into the declining 9 EMA after the close below it. No matter where they go I'm very thrilled with the trading plan, the patience and the execution given that I'm a chronic overtrader and the heightened volatility with so much noise out there. The dice is rolling.

@CFlanders7 @TheShortBear Only when you feel the pain after YOUR OWN drawdown do the lesson sinks in. Most of us can't truly learn without making our own mistakes.

Sounds like that happened to some already, @TheShortBear posted earlier about some huge winning traders he knows going through some brutal drawdowns. It doesn't matter HOW MUCH YOU MAKE. If you draw down 50%, you are down 50%. It is something I've gone through twice in my career (one was 70%+). Never, EVER want to go through it a third time.

@onejhor I took them 15mins before writing this post

@martinlukkt Did you short them later after the stream? I was hoping for bounce today to short.

@EsoulTrading thank you🫶

@martinlukkt Lol if you know you know. 😉 Love your streams brother, keep it up!

BREAKING: $SNDK signal SWITCHED