TradePirate

@archietradesea1 Stick do the plan and you don’t need to rely on luck.

my first $10k month is now just 1 winning day away wish me luck fella’s

@milkyfilky I think, deep down everyone who gets into trading wants to learn how to trade successfully, however, as with many other endeavours, many realize it’s a steep learning curve and give up.

How many people actually want to learn how to trade and are not just looking for alerts?

@LalsTradingEra What is the biggest lesson you learned from this? Everyone goes through this phase, try to extract the most of it and not fall for the same mistakes next time.

It's funny how easy it is to post when things are going well Today, I lost my accounts, and suddenly I don't feel like sharing my results anymore But I started this page to document the real journey, not just the profitable days So here we are.

@Wordsofrizdom As more trades accumulate the decision capacity dwindles and the cognitive load grows. The best days are when there is no target to be met. Whatever the first trade brings should be enough. If i feel I want to trade more, take one more. Forcing trades is terrible in any case.

A trader once showed me two numbers that didn't make any sense. 44 trades. $630 profit. Then another day. 9 trades. $3,000 profit. That's when I realized something most traders never question. Being busy and being profitable are two completely different things. I later heard JadeCap talk about this exact idea. While reviewing trades, a pattern kept appearing. The days with fewer trades often produced better results. And it wasn't because there were fewer opportunities. It was because the focus shifted from chasing P&L to taking quality trades. After all, wasn't the whole point of trading to make life easier? Not to spend every waking hour glued to charts. Not to become a slave to the market. JadeCap's philosophy was simple. Easy is possible. Sometimes that means fewer trades and more patience. Sometimes that means waiting all week for one great opportunity. Because in trading, doing more isn't always better. And maybe the hardest lesson to learn is that activity and progress aren't the same thing. Looking back at your own trading, when have fewer decisions produced better results?

@zigs_trades Cool chart theme

$NQ not sure if we could have asked for an easier long

This isn’t just a prop account problem. It’s any account where what it can produce and what you need to live are too far apart. If you’re trading to pay rent, the math has to work before you start. Otherwise the pressure does the damage before the market does.

Same $3,000/month on a $100k account is 0.15% daily. A trade or two, sized small. Drawdown limits feel distant. You can wait for the right setup instead of forcing one. The math changes everything. The strategy doesn’t have to.

If you keep blowing prop accounts and can’t figure out why, here’s something to think about before you blame the strategy. 🧵

@archietradesea1 Testing my patience with a reversal setup that I’ve been waiting for a few days. So far so good.

@TradePirateX appreciate it dude! how’d you get on today?

we’re so back this was my most caffeinated trade to date i’m thinking of reinvesting all profits into a huge stack of accounts which firm shall i use and how many accounts should i buy?

@VClouette @TheAlg0mist Then you managed it well. Hate when it happens but better than if you “gave it some room to breathe”.

@TradePirateX @TheAlg0mist Complet reversal lol

Today's Execution 🧑‍💻 Went 2 points from my target and reversed to stop me BE. If you revenge trade after a situation like this, you are bound to fail in trading.

@TheAlg0mist @VClouette I was thinking the same. Trade until the market shows weakness close to your target. Were you taken on a correction or was this a complete reversal @VClouette

@VClouette Hey brother, here's something you could look into: I personally would have closed the trade in profit after seeing these 2 massive rejection wicks, which is telling that price doesn't want to go higher.

3/3 When you see a trend that seems extended, ask this - “if the majority of traders were buying heavily for a few hours, how realistic is it for the market to turn in the opposite direction on a 5min chart?” Always look for confirmations and don’t be first to call the reversal.

2/3 Consider the following statements - “for a whole hour traders were buying (or selling)”. This statement carries certain weight, right? Now compare it to - “for 5 minutes traders were buying (or selling)”. Moving vast amounts of money takes time.

1/3 A massive hedge fund is able to push price a bit here and there on a 5min chart, less so on 15min. The higher the timeframe the more difficult it is to manipulate and take liquidity.

@RyansTrading_ Well done

Lovely trade today! +70 pts $NQ

@JohnLoc18 IBKR

Are there any better brokers out there besides Robinhood?