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Christian Kyle
1.8K posts
Christian Kyle
@ckmacinas321
Semper gratus | Finance In relentless pursuit of my potential
Katılım Mayıs 2021
2.6K Takip Edilen35 Takipçiler
The genre of traders who can’t handle drawdown and expect to live their dream life off of trading. You think every week is supposed to be a profitable week? Or a profitable month?
Big businesses who employed thousands of people far smarter than you still have poor quarterly revenues, if that wasn’t the case their stock prices would go up infinitely, but you expect to have 100% win rate in every market conditions. This is why many people fail. They have absolutely no understanding of risk. Look at crypto for example, all the chatter and excitement is gone, why? Because markets are down, these individuals have no understanding of risk, so when the markets are down (which is the best period to actually start looking at building positions), they lose everything because they have no understanding of risk.
When eventually, markets start to print higher, watch all these people then come and DCAA in at all time highs, missing out on life changing returns, and repeating the cycle all over again.
The markets are a test of emotional maturity, and ability to adapt to risk. I do think it is a good thing though, that these markets filter out those who are cut out for this as a career.
Being a full time trader means you have to accept there are times price won’t give you what you want, and it’s your job to focus on preserving your downside first. Problem is if the gurus said this, you wouldn’t buy their courses and 3-day bootcamps
Many of you view this as a quick path to wealth, it is and it isn’t. There are market conditions for building wealth rapidly, there are also market conditions that calls for you to adapt risk as a professional. If you genuinely view this as a valid career path and not a “side hustle”, then you understand that you’ll quickly forget about these price conditions once better markets come by (which they inevitably will because that is the cycle of the markets)
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This morning I have finally closed the Gold short I took on 3rd March.
It’s been the biggest trade of my career.
I want to thank everyone in EFL who sat through it with me and had to listen to me talking about it incessantly. As I said at the time, I was a long way outside my comfort zone.
I’ve made tens of thousands of trades across 25 years. I’m in at one level and out at the next. I’ve held something like this only a handful of times.
I should feel elated. And part of me does.
But I’ve spent the last three days writing my book and reliving a lot of painful times. This morning I’m too numb to feel what I probably should.
That’s trading. That’s life.
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You will have the MOST ENERGY when you walk through the world as if you are PASSIONATELY making love to everything in it
Choose to see the BEAUTY, AWE, and WONDER, hidden behind the mundane and ordinary… that everybody else seems to mindlessly sleepwalk through.
And watch what happens.
Few will understand.
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You can read all the books. Watch all the documentaries. Listen to all the stories. But nothing, and I mean nothing, will prepare you for certain moments in life until you're standing in them yourself. Marriage. Divorce. Childbirth. Losing someone you love. Parenting. They all look so different when it's your heart on the line. Your choices. Your pain. Your mess. Your miracle.
It's easy to sit on the outside with theories, opinions, and assumptions. It's easy to think you'd handle it better. Until life turns to you and says, "Your turn." And suddenly, you understand. You understand the tears. The silence. The fight to keep going. The strength it takes to show up when everything feels heavy. The courage it takes to start over.
Life has a way of humbling us all. So be slow to judge, quick to offer grace, and always remember, what you don't understand today, you just might face tomorrow. We're all just figuring it out as we go. And that's more than okay.
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The Difference between Social Media and Reality
On social media you might get the Idea that trading immediately leads to chilling with your Laptop on the Beach, sipping a nice drink and enjoying the day.
Or the illusion that you just sit at a nice place, watch the skyline, click 3 buttons and make another yearly salary.
These things are possible outcomes, yes!
But the reality looks different while being in the process.
I often carry my Laptop with me, to be ready when an alert kicks off.
I trade Sessions while in car in the Parking Lot, I try to not spend much money to build capital and often I'm fully focused on the charts.
I'm very often alone, don't socialize a lot to be ready if the market is ready too.
Sometimes I feel exhausted. Sometimes unproductive. Sometimes lost.
But every single day I feel like I'm doing the right thing.
So keep in mind, it's easy and very exciting to fall for the influencer Trading trap - and yeah one day you can live the life if you stick to it.
But in the process it's different.
People love to see the 6k PnL - what they don't want to see is that it's the 4th trade after 3 Losses that put me back into Profit.
People love to see that I can do with my time whatever I want - what they don't want to see is that I'm working 10h and more every day.
People love to see Stock Setups playing out - what they don't want to see is me charting the whole American Stockmarket.
People love to see the Dax edge - but spending thousands of hours on the Same Asset?
It's tempting to think it's easy. It's tempting to believe lies. But it stays what it is - an illusion. Get rid of those who pretend it was easy.
Small fun fact - I tried an Instagram, but omg it's hella braind3ad... hard to change I guess, people love the illusions.
The non influencer life I live and enjoy:
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King68thegreat says men should focus more on fitness over money, adding that the discipline you gain from fitness goes a long way in finance too if you think about it 🥀
“I feel like a man should establish his foundation with his health, building your physique and striving to be the best version of yourself physically, mentally and emotionally, it’ll evolve into your finances”
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Christian Kyle retweetledi
The Art of Doing Nothing in Trading.
This is the skill nobody talks about.
Knowing when not to trade
is more important than knowing how to enter.
Because more risk does not mean more money. That’s a lie people tell themselves to justify bad decisions.
If your edge wins 55% of the time, risking more doesn’t improve it. It just increases how fast you’re likely to lose.
More trades = more exposure.
More exposure = more randomness.
More randomness = more drawdown.
Not consistency.
You don’t beat the market by being active.
You beat it by being selective.
Every day you should already know:
What do I need to see to trade today?
If you can’t answer that clearly, you shouldn’t be clicking anything.
If the setup isn’t clean.
If the time window doesn’t align.
If liquidity isn’t where you need it.
You do nothing.
And that’s discipline.
Doing nothing feels uncomfortable because it feels like falling behind.
But it’s actually you protecting your edge.
Every forced trade you skip
improves the quality of the next one.
Every bad decision you avoid
is money saved.
Not money missed.
You’re not trying to “beat the market” today.
You’re trying to beat yesterday’s version of you.
Yesterday’s impatience.
Yesterday’s overtrading.
Yesterday’s excuses.
No one has a 100% win rate.
Losses are part of the business.
Poor decisions don’t have to be.
Master waiting.
That’s where consistency is built.
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Most of you will NEVER make it in trading🚨
Imre Gams is an elite performance coach & former prop trader who was head hunted by one of the most famous traders in the world. He explains why edge isn’t a setup and why most traders are doomed before the open.
Full episode👇
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