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1.7K posts

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@knthchvz

🐢🍲

Katılım Mart 2017
194 Takip Edilen219 Takipçiler
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Sham
Sham@SpeculatorFL·
Doing a $500 giveaway. 💸 Just like, repost, and make sure you’re following. I never really do these things, But feeling generous today - let’s run it.
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The Inner Circle Trader
The Inner Circle Trader@I_Am_The_ICT·
Rarely, you will find, that your ego-driven analysis and targets will be easily held for the duration of the trade's life span. It is crucial, for new or developing Traders, to have the skillset of finding base hit partial profits in the trade direction. Removing the necessity for being "Social Media Right"... versus making ends meet, and reducing exposure to Risk. Do you understand?
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ken@knthchvz·
@kirawontmiss I’ve seen enough give her Jon Jones
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kira 👾
kira 👾@kirawontmiss·
hit his ass with a tekken move
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ken@knthchvz·
@XfX_Kai @MichaelPatak Yes, for sure. I will definitely switch firms. However, they should actually do something about the XFA accounts that haven’t been blown and ensure clients receive a proper refund.
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Michael Patak
Michael Patak@MichaelPatak·
🤯When you earn it we pay it. (Disclaimer - we now seed new Live Funded Accounts up to the account size you chose - for example - choose a 150k Combine your lfa starting balance can go upto $150,000 real dollars - bigger than any prop anywhere out there in futures or anywhere)
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ken@knthchvz·
@XfX_Kai @MichaelPatak But the announcement on April 1 came out of nowhere, and they removed this clause without prior notice. So, if you were in my shoes, would you just accept that? Of course not, right?
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Kai
Kai@XfX_Kai·
@knthchvz @MichaelPatak Maybe your country is ineligible for Topstep. They have a list of countries where they can’t offer their services
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ken@knthchvz·
@XfX_Kai @MichaelPatak It was previously eligible, but last year, they introduced a grandfather clause allowing us to retain our accounts. Since then, I have been very cautious in managing them
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ken@knthchvz·
@MichaelPatak The announcement was so sudden that there wasn’t even a heads up for us.
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ken@knthchvz·
@MichaelPatak I just can't accept that—I didn’t even blow my accounts, yet you expect us to walk away as if we never paid for them. I hope you understand my point. @MichaelPatak
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ken@knthchvz·
@MichaelPatak The least that can be done is to ensure that all affected traders receive a full refund. I urge you to reconsider this policy and take action to address this issue fairly.
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The Inner Circle Trader
The Inner Circle Trader@I_Am_The_ICT·
For the people on the outside tell them what you witnessed live.
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The Inner Circle Trader
The Inner Circle Trader@I_Am_The_ICT·
How To Trade Your Way Out Of A Wet Paper Bag I have used this expression many times, over my life in and out of the markets. It was recently used by @TomHougaard in one of his livestreamed events he hosts graciously and for free. He mentioned that there are some in this industry which hold a "conspiracy" bias, of sorts, in Price. If he were more forthcoming, as he has been in the past, he would no doubt lump me at the top of that list... a position I hold in high regard, I may add! The expression I titled this piece with, is to mean in some ways, that someone cannot do something despite the conditions being made easier. As in the case of a wet paper bag being easy to tear. I would like to suggest how one might go about trading themselves out of a wet paper bag... The "Why" - Why are you pursuing a journey in trading? Are you feeling peer pressure from a friend or online associate? Feeling the fear of missing out on all this "easy money"? If you are one who nods or thought to yourself... yes that's me... you need to adjust your motives. It is not as easy as I or others who share our craft make it out to be. Not for the difficulty of trading, in and of itself, but rather the personal wrestling matches everyone is forced to endure. The struggle to get ourselves out of our own way! This is why my compendium in YouTube is so large. There is a lot of things you will wrestle with. The short road to profitable trading with a small list of does and don'ts for making money in trading is going to take you more time than you first thought. So the "Why" you are going to consider it at all, must be significant and open-ended, on the basis of time. You and I certainly don't know how long it will take for you to overcome the initial concerns you are grasping at. Or what it will take for you to become patient. What would be a good "Why"? A potential stream of secondary income to help pay monthly living expenses... while working at your job or your own business; that is a realistic one. Certainly not to get rich fast or to rush to influencer living with cars, trips and the latest toys. Your reason 'why' must be grounded and obtainable for you. Making enough to buy an exotic sports car is not a realistic 'why'. You will require income to pay for the exotic upkeep and insurance premiums too. The "What" - 'What' are you going to trade? What model are you going to work on refining for your unique personality? Trying to force your trading into another Trader's model, even if it is profitable in their hands, is not a wise pursuit. Your 'what' is the roadmap you will follow to get where you aimed with your "Why". Many want to find a winning Trader's Cookie Cutter or Trading Model and copy it. When they do not realize the time and effort that Trader put into trusting that model. They know it is not going to deliver 100% successful trades. This does not discourage them, and they accept it. You would not have this same mindset without putting in the time and effort yourself. What is a good example of a solid 'What'? Trading a simple time-based Silver Bullet setup, on one market you track daily. Being a Minimalist is an advantage to a Trader. You do not, dare I say should not, try to trade everything I teach or a collection of models. Finding one that fits you personally, despite imperfection... which is absolutely normal, is crucial for success. When Tiger Woods set out to become a Professional Golfer, I know I hate golf and I'm trying to reach a broader audience, he didn't include the task of being a Professional High Diver and Quarterback for the Baltimore Ravens! Tiger would likely not do so well off the Golf course, in those other pursuits. However, on the green, he excelled as one, if not the best Golfers ever. Tiger like all professionals, narrowed his focus to refine one pursuit and master himself. His swing had to be perfected... his understanding of the best club to use for which condition. All manner of knowledge was important to him, as it relates to Golf as he played it. He didn't try to copy another Golfer... but many hoped they could copy his approach and skill! The "How" - 'How' you will trade your model is unique to you. Back testing models and setups will be your best chance at discovering your unique model. A Silver Bullet can form multiple times in a 24 hour period. Not all of them are going to be ideal for your timezone and day to day life. How will you enter your Silver Bullet trades? Will you use Limit Orders or Market Orders and accept the slippage they bring? How will you set your targets, be they partials or otherwise? See why a lot of effort is required to determine all of this for your personality to match your model's logic? By doing the hard part and yes the long boring part in the beginning, it will allow yourself to be comfortable employing that model. This might seem like a bloated post, that most won't bother to read... but it is essentially the recipe for most starting out. When you have these things worked out for your personal unique model and adhere to very low risk on trades... you will be well on your way to build more complex or alternative models in the future. For now... do the least in terms of system or model hopping and the most in back testing your model of choice. I trust this was helpful. GLGT, M.
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kira 👾
kira 👾@kirawontmiss·
this mf acted this role a little too good i’m not trusting a word he says in real life
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