FX Speculator

The more you know, the less you need.

@t0mbfx Fx

You NEED to be using AI to help your trading It analyses your trades and tells you exactly where you need to improve - I would’ve become profitable 5x faster if I had this when I started Comment ‘fx’ and I’ll DM you a free guide on how to use it (must be following)

Only those who have mastered what can be perfectly controlled—the process—are allowed to surrender themselves to what cannot be controlled—the outcome.

@samuraipips358 Most if not all of these core issues can be mitigated through solid back tests that will reveal all required answers.

You might be told to reduce your position size if you're scared, but the cause of your fear lies elsewhere. The real causes of your fear are: ・You are not confident whether your system (strategy) has a statistical edge. ・You do not grasp your strategy's performance. ・Because you do not know its performance, you do not know the appropriate position size to safely execute the strategy over the long term. ・You do not understand how long-term consistency leads to success. ...and so on. Conversely, if these issues are resolved, you will naturally be able to trade with an appropriate position size and a long-term perspective. In this state, you do not feel fear over the result of any single trade, and this is not because your position size became smaller, but because the root cause was resolved, and the smaller position size is merely a byproduct of that correct understanding.

@M3hatN @WexhamPS @The_RHS @GWandShows These are looking really good.

Oooow look at all our lovely veg! Getting ready for judging day @WexhamPS #horticulture #greenfingers @The_RHS @GWandShows

Congratulations to the USA for surpassing $37 trillion in debt. We’re number one!

@M3hatN Probably a conspiracy involving the elite cabal, as always.

@_fx_speculator Yes, I was just joking about the absurdity of it all. Why maps have not changed yet is beyond me.

Explain it to me too..

@M3hatN Countries near the equator, on the other hand, are shown as smaller than their actual size.

@M3hatN Countries near the poles often appear larger on standard maps like the Mercator projection because these maps are designed to accurately represent angles and shapes at the equator, which leads to distortion at higher latitudes.

Do you want to know yourself? I mean really really really know yourself? The good, the bad the really ugly? Then become a trader

@samuraipips358 You're really levelling up on your level of English Yumi-san. Great job!

5/5 How to deal with the urge for "improvement": ・Impose a period on yourself (minimum 6 months to 1 year) where you do not change the rules ・In your trading journal, record rule adherence rate, your inner voice during trades, and what you were thinking, rather than results ・Reframe losing streaks and drawdowns not as a "test of the system" but as a "test of your own consistency" ・When you feel the urge for "improvement", don't act on it immediately; instead, record it and save it as material for future backtesting consideration Through your consistency, or lack thereof, the market asks you how well you understand trading itself, how well you understand how probability works, how well you understand the trader's real job, whether you prepared thoroughly, and how much confidence you have rooted in what size of sample size. Let's stop making improvements based on small sample sizes. It's an endless swamp. Thanks for reading! If you enjoyed this thread, check out my books on trading. 【THE PATH TO SUCCESS IN TRADING】 E-book:payhip.com/b/H1ZBo Paperback:a.co/d/fXmRhIa 【Trading Psychology】 E-book:payhip.com/b/SNnJC Paperback:a.co/d/d0QJMxK Hope these insights help your trading journey 😊

Why your "improvement" sabotages your trading 🧵 Many traders are trapped by the well-intentioned idea of "learning and improving every time they lose". However, this very "improvement" might be your greatest enemy. ↓ Thread 1/5

@samuraipips358 "Think hard about how you can trust the long-term edge of your rules and what you need to do to get there." BACKTEST everyday until your eyes and wrist hurt. Result? Confidence in your system. Confidence = Trust

Traders who struggle to stick to their rules are essentially saying they "don’t trust their own rules." If you can’t believe that "following your rules through wins and losses will ultimately leave you with a profit," you’ll always be swayed by short-term results instead of staying disciplined. Think hard about how you can trust the long-term edge of your rules and what you need to do to get there. Good night😴

@samuraipips358 "In reality, the task of "mindlessly repeating predetermined actions" tests the purity of your belief more than your knowledge." I don't think your typical trading guru on X is going to like hearing this simplified truth.

5/5 Trade according to your rules. Repeat "simple things simply" consistently, over the long term. How deeply you can believe and execute this "simple action" determines your strength as a trader. It's not a game of wins and losses, but a game of probabilities. The only thing you must do is "correctly repeat the correct rules". When you deeply believe this simple truth, trading will suddenly become calm and clear. Thanks for reading! If you enjoyed this thread, check out my books on trading. 【THE PATH TO SUCCESS IN TRADING】 E-book:payhip.com/b/H1ZBo Paperback:a.co/d/fXmRhIa 【Trading Psychology】 E-book:payhip.com/b/SNnJC Paperback:a.co/d/d0QJMxK Hope these insights help your trading journey 😊

Don't complicate trading 🧵 Just "enter according to the rules", "exit according to the rules", and "wait according to the rules". The reason why this simplicity is the most difficult is that the mindset of placing value on wins and losses gets in the way. ↓ Thread 1/5

@samuraipips358 Nice one Yumi-san.

Constantly changing your trading strategy is like continuously changing your destination while sailing. Every time you change your method, your way of viewing charts will completely reset, and you'll start over again. It's only by sticking to a consistent method that your trading becomes refined. A ship without a fixed destination will never arrive anywhere.

@samuraipips358 Lots of truth in this thread. Thanks Yumi-san for being the mature trader who is trying to disseminate much needed facts in this industry.

5/5 Trading is difficult, and most traders are endlessly swayed by randomness, caught up in the “game of winning and losing.” Only a very few can break out of that. However, in order to succeed in this world of uncertainty, there is no other way but to internalize and embody probabilistic thinking, and that is a dull, incredibly time-consuming, and grueling path. What I share day by day is not about flashy wins, losses, or results. I do not expect it to be accepted by everyone, but I hope it will reach and be useful to those who are at the stage where they truly need it. Thanks for reading! If you enjoyed this thread, check out my books on trading. 【THE PATH TO SUCCESS IN TRADING】 E-book:payhip.com/b/H1ZBo Paperback:a.co/d/fXmRhIa 【Trading Psychology】 E-book:payhip.com/b/SNnJC Paperback:a.co/d/d0QJMxK Hope these insights help your trading journey 😊

You have no choice but to mature as a trader🧵 This world is dangerous. If you are immature, you will attract “immature people who are smarter than you,” and you will be deceived. ↓Thread 1/5

@WexhamPS @M3hatN Great to see everyone have a fantastic day.

Our staff is a strong and supportive community, celebrating all faiths and cultures. This term, we are marking Eid and Vaisakhi, with Easter to follow. Recognising and respecting these important occasions brings us all closer together. Happy Celebrations! @M3hatN

This

@M3hatN @WexhamPS That's a great refresh.

The new pupil profile looks great. All the things we achieve while @WexhamPS #proud

@samuraipips358 To make it easier to implement what you've just said Yumi-san, less discretion and more mechanical approach is required. It also makes your strategy much easier and efficient to backtest.

If you don’t know the timing to enter, think in terms of “conditions” instead of “timing.” Entry should not be based on “it looks like it’s about to go up” or “it should move this way next,” but on “the rules of the system are met.” For example, something like “at a pullback buying point on a higher timeframe, the price tested a clear support line twice on a lower timeframe but failed to break it, and based on the fact that many traders refused to trade below that support line, a stop loss is set just below the support line, and entry is made when the recent high is broken.” In this way, incorporate your market perspective directly into your rules.

@samuraipips358 REALLY good thread Yumi-san.

5/5 No matter how excellent a strategy you have or how closely you follow its rules, if you are immature, the reason your strategy performs poorly is precisely because your immaturity causes you to abandon it when its performance is at its worst. The true performance of that strategy will only appear far, far later in the future than you imagine. Consistency and sample size are essential to activate probability and extract the edge from your strategy. And consistency is most necessary precisely during losing streaks or when your equity isn’t growing. During inevitable losing streaks, you absolutely must maintain your rules no matter what. At that point, you are tested on whether you truly have confidence, based on a large sample size, that your strategy has an edge and that you will ultimately remain profitable despite experiencing losing streaks while following your rules. In other words, you are tested on whether you have acquired probabilistic thinking, whether you have thoroughly prepared based on probabilistic thinking, and whether you have truly become a ”trader” in the genuine sense. Thanks for reading! If you enjoyed this thread, check out my books on trading. 【THE PATH TO SUCCESS IN TRADING】 E-book:payhip.com/b/H1ZBo Paperback:a.co/d/fXmRhIa 【Trading Psychology】 E-book:payhip.com/b/SNnJC Paperback:a.co/d/d0QJMxK Hope these insights help your trading journey 😊

If you are an immature trader, any excellent strategy will perform poorly🧵 Why? ↓Thread 1/5