Moneyball Austin

trading is a sport that is played 365 days a year, you wont survive being average in this game, train everyday on and off the court like a elite athlete would, dont watch the goat...become the GOAT!

Got asked today in our Wednesday Trade Review Meeting: “If you believe price will go down for 2-3 days, then why not short it?” Or if you believe price will rally, then why not play the corrective bounce? Answer: I talk about this often, and I do encourage traders to take those setups if they truly believe they have a strong edge. But it comes down to the type of game you want to play for that time. Over the next 2–3 days, I’m not interested in trading short-term price direction. That’s why I’m staying patient and waiting for my preferred setups. We then went over 2 trades I took this month, playing the short-term corrective bounce, and how I managed them because of it. I will attach these 2 trades below. Lastly, always remember if you see something you like, go for it... just make sure you manage risk and don't make emotional decisions. 👍

It’s not optimal at all…. It’s a a lie that traders tell themselves to use in order to make less emotional based decisions. Why should a trader trade his A+ setups the same as his B setup? Makes no sense at all. The reason traders make emotional based decisions is 90% of the time they’re attached to the P&L. In that case, traders should be cutting the risk they are comfortable risking. Stop trying to quadruple your account and focus on 2-6% months with proper risk. It’s that simple.

Best way to trade futures is 1:1 RR Even negative RR with wide stops. It’s the absolute method. The way I trade futures and the way I trade CFD’s totally different. Don’t sleep on 1:1 RR wide stops and greater risk. Extremely powerful. Remember what protects trading psychology having a statistically higher winrate. A system you can adhere to that rewards you more often. Is far superior than a system that rewards you less frequently with larger take profit targets. You may have the same equity curve over time based on statistics and data. But your psychological equity curve is going to look vastly different even leading you to make poor decisions when losing so frequently thus deviating you from your trading model. Low RR - high win-rate on futures is key 🔑

@RajaBanks I’m genuinely interested in just making eye contact with somebody’s that actually believes this… I don’t want no conversation, but I just need to see the delinquent for myself 😂

28% gain so far this month. Numbers are so big the boxes can’t handle it.

I got some news for y’all who keep trying to script a bot, EA, or indicator thinking it’s the fast pass to being profitable… 1/10 traders who are profitable are able to code it successfully into a trading bot.

Nothing on my watchlist right now... In trading, doing nothing is often the most profitable decision. 🫡

@tradermccabe Vietnam

@MoneyballAustin Where are you these days mate

Cold beer enjoying the view 🙌

Spreads, commissions, swap fees, and no regulation. That’s why… You’re trusting these firms blindly that they won’t widen the spread to either not get you filled or for price to hit your SL. These firms and brokers make 99% of their money from losing traders so they’re financially incentivized to screw over trader in some way during news events or non liquid times. Your edge is simply much higher in the futures market than the CFD market. These things could for 1-8% edge (which is everything to a traders success) What do I know? Well, 13 years of experience, 8 of which was with CFD’s A-book broker and I Personally know many of these CEO brokers…. It’s nothing but grease My 2 cents 🫡

Trading CFD’s is significantly better than Futures. It’s not even close. - rules are better - no monthly subscription non sense - no payout caps - no buffers or anything like that - pass whenever you want no limits on when to pass your account - drawdown is balance based and static no trailing nonsense - YOU CAN HOLD TRADES OVERNIGHT AND THE WEEKEND - risk per trade is way more controlled you aren’t bound to minis or micro contracts. The problem is some of these dogshit firms came into the space and ruined people’s perception of CFD’s If you stick with the top 5 firms in this industry I never had a single issue with payout or any nonsense whatsoever. Yes if you are a hyper scalper extreme lower timeframe trader…yes futures are better for fills,spread,slippage etc. However just looking from a ruleset standpoint crypto props and CFD firms are light years better. Nobody can convince me otherwise. I’m open to criticism but this really isn’t even a debate. It’s a shame so many bad companies came in and completely hindered people’s perception of CFD’s I LOVE CFD’s 💵📈

EUR Short Trade Review. While I was at the Gym, Trump's comments cost me -$300 🤪

For those who struggle with "Overtrading," Here's an easy fix for those who struggle with "overtrading". Just take 1x trade per-day MAX. If you have an "EDGE" in the market, those trades after 1-2 months should yield profitable results. The answer you'll find at the end of the 30x trades is whether you have an edge or not. It's that simple, is it not?

It’s not about holding collections rebates or premiums.. it’s about holding the ticket because you believe they will win the championship or lose. Premiums are just a bonus… If the game is to collect premiums then you trade a different market. In non liquid markets, traders can then set the line and possibly get better odds on both sides.

@3xBoogeyman I don’t understand how someone could listen to these 3 talk for longer than 7 seconds. 🤯

Caught her paper trading.. Caught her using the the same account as her uncle.. Caught her promoting companies that she genuinely can’t even succeed at. Even caught her using her wannabe ass sex appeal to sell you a course for $7k At some point, we gotta start shaming you mfs falling for it 😂

@akaSonix And what do you think is a fair fee then? There’s a lot of overhead and with the fast pace growth of prediction markets and regulations I would think it’s quite understandable the increase in fee’s.

I absolutely love polymarket, but this is the worst change since I've started trading. Not only do you have to pay 1% (and sometimes more) on market buys, but they reward the useless user base (slop posters). I hope the polymarket team will at least reduce it because paying 0.75% for sports is RIDICULOUS.

@MarlonDaily @_TJRTrades @GadzhiIman @brezscales Aged like fine wine 🤣

Obviously a sponsored stream paid by Alex. Anybody who thinks TJ, Alex, or Brez are profitable are degens. I’ve talked to 2 of them personally as they wanted me to be an affiliate for their unregulated broker they secretly own and they both laugh behind the clients back knowing it’s a complete scam.

Marlon and StableRonaldo ask Alex G his thoughts on the following traders: -TJR @_TJRTrades -Iman Ghadzi @GadzhiIman -Brezscales @brezscales

Trading News For The Week.

Trump was just live taking questions on the tarmac. Pulled up the mention markets on Trump and pulled away +$43 guaranteed😂

Last 24hours summed up.... 🇮🇷 🇺🇸 - Earlier on Sunday, Trump issued a 48-hour notice to Iran to open the Strait of Hormuz or else they will start targeting Iran's power plants. - Iran later commented, "Such action will keep the Straight closed indefinitely until the power plants are fully restored". - Trump then came out saying, "They had good productive talks with Iran, and have decided to postpone any such strikes". - Iran's Tasmin quickly responded, claiming, "There have been no talks, there are no talks." My Option.... Who the fuk knows... It's all noise and IMO nothing will happen, and the markets will go back to falling within 24-48 hours.

@Dougcotefx 🫡

@MoneyballAustin You're a good man Austin.

Came across my old journaling style. I still do this every 3-6 months for a complete review and make any adjustments. Now, it's a list of 20x things I review. Nothing better than good old pen and paper.

@AOC So what about your friend Nancy? Seems like a lot of insider trading if you ask me… 🤔

This is sad. I know as a politician these companies are going to spend a billion dollars against me for saying it but 🤷🏽‍♀️ Pervasive gambling is not good for society. It turns life into a casino, traps people in addiction & debt, surges domestic violence, and fosters manipulation.