Northside

Did you know that if there were no blinds in poker, the game-theoretically optimal strategy would be to play only aces? Btew in trading you don’t have to pay blinds.

@joker_szn Absolute shitshow

mfxga

@joker_szn Nq is in htg consolidation imo, 10r is huge bri

down 3R for the month on FX, first losing month in 2 years +10R on NQ tho let's see what March brings

If you're trading from a "sunken place" you're fucked. You're just letting things happen to you. Before every trading session, as funny and stupid as it sounds you need to dangle keys in front of you, take a breather...observe what's going on within from 3rd person, don't rush.

Hot shower every night. Warm bed. Food in the fridge. Truck in the garage with heated seats. We live better than kings did 100 years ago and still complain. American problems pale in comparison. Reminder: Life’s pretty damn good.

A lot of people quit trading because they're forced to face themselves. The market makes you confront every part of who you are-the good, bad, ugly. Your strengths and weaknesses have to unite. You have to acknowledge your "bad" side and embrace it, which breaks many of you.

how to win the prop firm game: first off, prop firms are not “funding”, they’re a business model that sells you leverage your job is to extract payouts without giving them reasons to deny you in live trading, you optimize for long-term account growth, when trading prop firms, you optimize for ROI one of the main mistakes traders make on props is changing strategies between phases they try to “gamble” the challenge phase and once they pass an evaluation, they want to go “big” that’s how you fail always use one strategy across all phases same setup selection, same execution rules, same risk logic, same behavior if you cannot repeat the same process, you are not consistent when it comes to FX prop trading, short-term/swing trading is by far the most successful approach based on data but because it forces patience, and patience prevents rushing challenges most of you fail challenges because you try to speedrun them rushing creates overtrading, overtrading creates rule breaks, rule breaks create denied payouts and/or restrictions your goal is not to pass fast, but efficiently a few precise trades with proper risk allocation, like a surgeon it’s that simple smaller consistent payouts > one huge payout don’t trade in a way that makes them want to investigate you props look for people who behave like gamblers they are unregulated, if they don’t want to pay, there’s nothing you can do about it that being said, carefully decide which firms you want to work with if you buy trash, don’t expect great service either what to look for when picking a CFD prop firm: - avoid instant funded accounts, they exist because it’s easy money for the prop - go for a simple two-step with reasonable rules and time flexibility - ability to hold trades without stupid restrictions - news trading and weekend holding allowed - clear drawdown logic and payout policy do not rely on props as your only income early if you need the payout to pay rent, you are cooked rushing leads to forcing trades, forcing trades lead to rule breaks, and rule breaks lead to blown accounts prop firms are nothing but like a business cashflow stream you want repeatable monthly extraction, not one huge payout most people try to pull 10 percent out of a small funded account on a monthly basis that’s not sustainable without blowing up your accounts consistently instead, scale funding so you can target small percentages 1% on 100k = 1k 1% on 1m = 10k getting 1 percent on a big allocation is easier than 10 percent on a small allocation if you blow accounts, it’s either tilt, or you simply don’t have an edge if you are not consistent yet, redefine the goal of challenges your goal is not to pass, but to collect data you are looking for one thing only: the bottleneck that keeps you from repeating clean execution once you find it, you fix it not mainly your system, but your behavior markets rotate through really good, average, and slow months so does your system’s performance forcing a fixed return goal in a slow month is how you destroy accounts this is normal some months make your year some months are break-even some months are slow and choppy the correct response is not “trade more”, it’s “trade less and protect the account” arbitrary monthly goals are stupid in below-average months they force overtrading in above-average months they cap upside because you stop early both outcomes reduce long-term expectancy most traders get a payout, then spend it instead reinvest into scaling more accounts and increasing your allocation invest into appreciating assets such as equities, real estate, or another business remember, the goal is to become independent from prop firms you want to be able to pay your bills from your “passive” income if you want to get rich, it’s going to be boring boring execution, patience, and slow compounding stay boring and become rich, cheers.

@kian_sasan PEACE

the UAE should control and rebuild Palestine and Israel with the USA 🇦🇪 and make a new Persian Empire together with the USA 🇺🇸 they are the only ones capable and we all know sounds like a plan 🕊️🥳

@joker_szn Same trade on eu

first two trades of the year +2 on gold, -1 on euro slowly getting back in sync with the markets

ask yourself: "how many times does NOT following my rules benefit me" and you will soon realize that you can save yourself a lot of money, pain and energy... because even before you do the dumb thing, you feel uneasy and squirm in your chair...you KNOW seldom is it worth it

log on instagram, for every story there's 2-3 ads log on twitter, everyone is a paid shill google "drink fridge" and now i'm targeted by 100 drink fridge brands every influencer is selling something, every shopping experience is 1 click buy, all of these products are garbage run-of-the-mill southeast asian slave labor slop made to max extract from people who can't even afford groceries/rent the us economy focuses entirely on the concept of consumer spending. one hiccup and asset prices turbo nuke to zero, retail/pensions suffer the most consumerism sucks, the online experience sucks, markets are stupid ... but the real world is quite sick. don't let the technofuedelism infect your childlike wonder

@_isha_here Ass

Name him whatever you last ate 😭

@blknoiz06 Only do that if u wanna make assassina

WHAT

@westernexile Thats vienna

There is no good reason why our cities couldn't look like this either.

@theOTEtrader Damn i missed it

There is difference between certain bank holidays. If you don't trade with every bank holiday, you'd miss the entire move majors today. Veteran's day is not the same as Christmas. Think..

@oldstocky Thats no religion, thats italy

Not even close

THINGS THAT NEEDED TO HAPPEN: Fumbling the 7-8 with a great body that loved you first Being dead broke Falling out of touch with friends that existed because of where you grew up Getting rejected by a 10 Being laughed at/hated for thinking differently (truth + approval can’t coexist) Losing life’s structure after college Realizing the money doesn’t change interpersonal relationships (need to be the same guy with or without it) November 2021 Understanding unconditional love comes purely from family and pets (other people prioritize their own lives)

@theOTEtrader @theMMXMtrader I dont get where the bias comes from tbh, just daily candle closure and an anticipated retracement back into the range?

Wrapping up Friday with 2 W's. 🧙‍♂️ EURUSD call by @theMMXMtrader and my GBPUSD longs. SL is there for a reason, it's an area of invalidation. Proper use of the range. Relative strength was in EUR favor. 🔓4R

“what’s your routine bro?” alright listen, I wake up, get a protein shake, and open the charts either there’s a potential setup or there isn’t act accordingly and move on with your day the problem is most of you have no life outside the charts that’s why you keep babysitting every candle until your brain makes up a setup you don’t make it in trading by letting the market own you trades should come from a flow state, not from boredom or obsession

@I_Am_The_ICT Go to bed old man

When someone struggles to determine probabilities in any given market condition, time frame or narrative... this only highlights immaturity as an analyst and technician. There is a stark contrast between impulsive reactionary trading and calculated risk management. The former is self-deception mislabeled as insight over neophyte perspective. The latter makes men and women into mountains in a valley full of empty vessels who only make noise when the wind blows.