Gm Traders, follow and I have follow back
Thank God for the week, whether in profit or not, long as you are breathing,
I will be posting more By Next week. for now EURCAD and GBPCAD are in my watch WBY👇
@LEGACE_FX "I feel like this setup is good" "I feel like not taking this one"
That's emotions,,,, you no supposed dey feel for trading,,,if the setup meet your rules and confluence,,,, knack am,,,,let market decides the rest.
There’s an easy and fast way to become profitable and also
There’s a hard and long way to become profitable
But 80% of traders prefer the hard and long way.
Easy and fast way : Swing trading
Hard and long way: Day trading
Where do you belong ?
@iamdayoamusa Rest you’re claiming to have tick skin but nobody really send you if not you will be force to leave this app
But as it’s no one care so continue
@PJtrades_NQ Happened to me more than thrice so far this year 😑
Well I did something wrong,,what I did wrong was that I'm a scared little bitch that sees his setups and got scared to take it because I feel it might be wrong,, there's no "feel" in trading,,, execute and let market decides.
The hardest kind of loss in trading isn't when a trade goes against you.
It's when you didn't take one and watched it run without you.
You didn't break a rule. You didn't do anything wrong.
You just weren't on the train.
And somehow that hurts more.
my trading mentor cleared $4M in 2022 and taught me something that broke my brain
wasn't some soft "follow your plan" bullshit
it was INVERTED THINKING (keep reading this is real sauce)
this man runs 8 funded accounts simultaneously. takes maybe 2-3 trades per day across ALL of them. same setup. over and over.
"why do you think most traders fail?"
"bad strategy? psychology? risk management?"
"wrong. they're trying to WIN."
"what the fuck does that mean?"
"winning is the wrong goal. NOT LOSING is the right goal."
he showed me his journal. 340 trades last quarter. 186 losses.
"wait you lost more than you won?"
"yeah and cleared $340k. most traders would've blown up with this win rate."
"how?"
"because I don't MANAGE winners. I MURDER losers."
he explained:
the average trader cuts winners early because they're scared of giving back profit.
the average trader lets losers run because they're scared of being wrong.
he does the OPPOSITE.
"when I'm wrong, I'm out IMMEDIATELY. no hoping. no praying. no 'let me give it room.' I was wrong. I'm out. done."
"when I'm right, I literally forget the trade exists. I set my alert and I go play golf."
his stats:
- average loser: 0.7R (cuts even tighter than 1R)
- average winner: 3.4R
- win rate: 44%
"you're profitable with 44% win rate?"
"bro I'd be profitable at 35% with these R multiples. win rate is for people who need to feel smart. I need to feel PAID."
meanwhile you're celebrating your 68% win rate while your account goes nowhere because:
- you're cutting winners at 1.2R "to lock in profit"
- you're letting losers hit full stop because "it might come back"
- you're optimizing for your EGO not your P&L
this is why you're easy to kill
he showed me his losing trades like trophies. -$3k. -$4k. -$2k. small. clean. surgical.
then showed me winners. +$9k. +$15k. +$7k.
"same setup. same entry. the only difference is what the market did after."
most traders try to PREDICT which trades will win.
he doesn't give a fuck which ones win.
"I take the setup. if it works, I ride it. if it doesn't, I cut it. I'm not a fortune teller. I'm a probability executor."
your mentor wants you to FEEL like a good trader
I want you to BE a rich trader
those are different goals
the INVERTED THINKING principle:
- don't try to pick winners → try to eliminate losers fast
- don't try to be right → try to be cheap when you're wrong
- don't try to predict → try to react
- don't manage trades → murder bad ones, ignore good ones
one of those mindsets makes $4.7M
one of those mindsets blows accounts
pick yours
(if you want to stop optimizing for your ego and start optimizing for your P&L - DM "SYSTEM" - this is a high ticket offer, 1-on-1 only - i'm taking on my last client and closing the 1-on-1 for good after this)
When should you pursue trading full time?
My honest answer…
Never.
Trading is best served to add to your current income vs depending on it.
Don’t believe the hype of “full time trading” on social media.
Most people preaching that make money from discord and affiliates.