formosafx
658 posts

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@_fx_speculator @samuraipips358 Thanks Yumi, I'm at this point and process. It's happening to me that in my back test I omitted the Monday trading days and I'm doing well in the backtest, however in the live market I'm very tempted to trade on Monday because the trades also take place
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@samuraipips358 Aside from the incredibly on-point thread, how do you create these wonderful trading images? They perfectly complement the subject matter every time!
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5/5
If you have a sufficient understanding of what role you play as a trader over a long timeframe, an understanding of probabilistic thinking and how probability works, and an understanding and trust in the system, then you will not break the rules.
And this understanding cannot be achieved through mere knowledge.
You need to deeply understand it through experience, which is why you must thoroughly practice in advance using backtesting software and the like.
Your deep understanding will change your beliefs, change the emotions you generate, and change your actions.
This is why I often say that the trading journey is a journey to achieve consistency.
To gain consistency, you need deep understanding, and not just knowledge but practice.
What requires practice is a skill, and consistency is a trader’s skill.
It’s a long road, but I show you the right path here every day.
However, it’s you who must do the work.
Good luck.
Thank you for reading this thread to the end.
If you enjoyed this thread, I believe you will also enjoy the following books I wrote, so please take this opportunity to read them if you haven't yet.
I hope they will be helpful for your trading.
Trading Psychology
payhip.com/b/SNnJC
My previous book: THE PATH TO SUCCESS IN TRADING
a.co/d/1ZfoTd1
Your support is what motivates me to post every day.
Thank you😊
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@samuraipips358 Hermosas palabras porfavor el link está caído. Puedes volver a subirlo? Gracias
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6/6
Many traders struggle with things they can't control, do things they don't need to do (mistakenly thinking they are necessary), take on responsibilities for wins and losses they shouldn't, and make trading difficult for themselves.
If what to wait for is clear, what to do is clear, and you eliminate everything outside the process through a deep understanding of trading, there's very little left for you to do.
This is why it's said that as you get better at trading, there's less to do.
If you enjoyed this thread, I explain these concepts in detail in my book.
If you haven’t read it yet, please give it a try.
Link to my book ↓
a.co/d/3i4MC0H
Your support is what motivates me to post every day.
Thank you😊
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@SpeculatorFL According to my journal, it tells me that this week, which was CPI, the entries were given in London, CRT 9pm purge at 1am. Those did work in the EU. Why did the 5am ones with 9am purge all fail this week?
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@samuraipips358 Muchas gracias por esta información vengo llevando mi diario hace unos meses y parece algo magico. Incluso escribo todo mi panorama de la semana también es como mi diario íntimo
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6/6
Your problems are personal, and only by facing them yourself can you solve them.
While trading journals might feel tedious, your own records are crucial for self-reflection and analysis.
Record what you're thinking and what emotions arise before trading so you can analyze them when calm.
As you continue recording, patterns will emerge.
Various emotions and behaviors appear daily, but they stem from the same beliefs, thought processes, and problems.
After creating a system with edge through extensive backtesting, what remains is the consistency issue.
Observe yourself carefully.
If you enjoyed this thread, I explain these concepts in detail in my book.
If you haven’t read it yet, please give it a try.
Link to my book ↓
a.co/d/3i4MC0H
Your support is what motivates me to post every day.
Thank you😊
English

@DonaldTNews Saque esa mierda señor presidente solo destruye la educación y los valores
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Guess who will win the USA 2024 Elections 🇺🇸 🔥
Kamala OR Trump
Giving away 3x100k accounts to those who guess correct @BlueGuardiancom
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