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Gicho Van Goat
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Gicho Van Goat
@MureithiGicho1
Gicho Van Goat 🗽 Construction Manager🚧 Jkuat grad🎯 Documenting my Trading each week follow for weekly updates👽 Arsenal die hard💯
Katılım Temmuz 2022
809 Takip Edilen122 Takipçiler
Gicho Van Goat retweetledi
Gicho Van Goat retweetledi

I have often been asked, “How many consecutive losses mean the system is no longer working?”
My answer is, “No matter how many losses in a row, the system is still functioning.”
The problem is that you do not know that.
You need to understand in advance the variance and distribution that the system is capable of producing.
That requires a massive sample size.
As long as you are following the rules perfectly, the system is functioning.
A functioning system does not mean only winning trades.
Losses are part of the system functioning too.
The moment you misunderstand this, the only thing that can be said is that your preparation is still insufficient.
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Gicho Van Goat retweetledi
Gicho Van Goat retweetledi
Gicho Van Goat retweetledi

Improvement does not mean changing your rules.
It means becoming the kind of person who can follow them.
Once you are able to think this way, you will understand that consistency exists only beyond your edge.
Consistency exists only after you have come to trust your edge through testing and practice.
It is precisely because you do not trust your edge that you cannot stay consistent, and the emotional battle begins.
But in the consistency reached through the right path, there is no emotional battle to begin with.
I have been saying this here again and again for a long time.
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Gicho Van Goat retweetledi

@quidditchlifso @Nooclair @iamdakejr Fix the electricity situation in your country first , bet you've charged your phone with a battery idiot
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Gicho Van Goat retweetledi

A trader is calm.
A trader is sharp.
A trader is patient.
A trader is focused.
A trader is resilient.
A trader is adaptable.
A trader is consistent.
A trader is structured.
A trader is self-aware.
A trader is intentional.
A trader is disciplined.
A trader is methodical.
A trader is accountable.
A trader is independent.
A trader is committed to the process.
A trader is composed under pressure.
A trader is guided by data, not emotion.
A trader is detached from short-term outcomes.
A trader is disciplined enough to do less, not more.
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Gicho Van Goat retweetledi

I met a trader who made $340,000 in prop firm payouts last year.
He trades 4 days a week. Maximum 1 trade per day. And he targets 1:1 risk-to-reward on every single trade.
When I first heard this I thought he was joking.
1:1 RR. That's it. No 1:3. No 1:5. No "letting winners run."
Just 1:1.
So I asked him to walk me through his numbers.
He had $2.4M in funded capital across 11 accounts. Average monthly return: 2.5-3%. Win rate: 71%.
At 1:1 RR with a 71% win rate - you're profitable. Obviously. But the real advantage wasn't the math.
It was the prop firm drawdown rules.
Most of his accounts had max drawdowns of 10%. With 1:1 trades risking 1% each - even a 6-7 loss streak didn’t ruin him.
While other traders were breaching accounts chasing 1:4 setups that didn't hit... he was calmly collecting payouts.
He showed me one month where he went 11 wins, 4 losses. Total gain: +7R. No breached accounts. No drama.
Then he showed me a trader he knew who ran the same capital - $2M+ funded - but targeted 1:4 RR. 60% of his accounts were breached within 3 months.
The high RR trader was resetting challenges constantly. Spending $3,000-4,000/month on new fees. Mentally exhausted.
The 1:1 trader was reinvesting payouts into more challenges and scaling.
This is what nobody on trading Twitter wants to hear:
You don't need big RR to make serious money. You need funded capital, a decent win rate, and the discipline to protect your accounts.
1:1 with 65%+ win rate SCALES.
High RR with 40% win rate BLEEDS.
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Gicho Van Goat retweetledi

@Nooclair @iamdakejr Your mother is the fool here for giving birth to such a degenerate
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@MureithiGicho1 @iamdakejr He post losses fool
U want to see losses so you can convince yourself how you are not a total failure?
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@shillopenda @Nooclair @iamdakejr Shut the fuck up nincompoop, who you addressing? Unprofitable motherfucker
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@Nooclair @MureithiGicho1 @iamdakejr Gbam that's the thing make only him nor dey the loosing side I don't understand people wetin you guys seek knowledge you dey ask for losses such stupid people person wey dey profitable all from forex he dey find losses who told you he don't take loss bacause you nordey profitable
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Gicho Van Goat retweetledi

The funny thing is, most of you are already profitable traders
Your strategy works, and you can make profits
Then you just decide to be an idiot after a few losses and crash out
I’ve seen traders do 5% in a month, then take 2 losses in a day, crash out and lose -5% in that day alone
Completely wiping out a good month’s profit because they couldn’t control their emotions
Have a max daily loss for yourself (e.g. 2 losing trades)
After that - WALK AWAY FROM THE CHARTS
The reason you’re still unprofitable after so long in trading is because you don’t know how to do this
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Gicho Van Goat retweetledi

Understanding this will eliminate your frustration and sense of loss.
In this industry, people often say, "By not trading, you protected your edge."
But that is not quite right.
You did not protect your edge.
If you did nothing because the rules told you to do nothing, then that itself is the edge.
Many people think of edge as profit, but that very way of thinking is the source of suffering, and that is exactly why the idea of "protecting edge" comes about.
Cutting a loss according to the rules.
Doing nothing according to the rules.
All of these actions, which may appear to produce no profit, are the edge.
Every action taken in accordance with the rules of a strategy with positive expectancy is part of the edge.
Because edge is not created from profits alone.
It exists as the total sum of wins and losses that occur when you repeat every action taken according to the rules.
Once you understand that edge exists beyond just profits, your frustration and sense of loss will disappear.
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Gicho Van Goat retweetledi

A 65% win rate with 1:1 RR will make you more money from prop firms than a 40% win rate with 1:3 RR
Not because the math is necessarily better
But because trailing drawdowns will KILL you on losing streaks
And with a 40% win rate - losing streaks are frequent
High win rate is the prop firm cheat code that nobody talks about
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Gicho Van Goat retweetledi

The reason high win rate trading is better for prop firms than most people realise:
Trailing drawdowns punish losing streaks HARD
If you're winning 65%+ of your trades - those brutal 6-7 loss streak almost never happens
If you're winning 35% chasing big RR - a 10 loss streak will wipe your account before your winners even come
High win rate isn't just psychology
It's survival
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