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Your Big Bro
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Your Big Bro
@BroKnwsBetter
The Big brother you didn’t ask for. 📍Money📍 discipline 📍real talk📍
เข้าร่วม Şubat 2022
53 กำลังติดตาม265 ผู้ติดตาม

@BM7_THESURVIVOR @Krenoid @Madaki_X @everythingfxx @SoftjoeX @preityzee @Edimax_1 @ThissAlphaQueen @DearChika_N Well said. I will ensure to put into practice all you have said.
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Your Big Bro รีทวีตแล้ว

May has begun.
We're just over 1% into the month~ and this month will be the one that changes your life.
There's no reason at all why you can't end the month profitable, funded & achieving payouts day after day with your new skill set.
But if you want that to be a reality... You need to put in serious work.
You can't spend the year on half efforts, praying for wins with no structure, If you do that your May will be just like your April.
There's a simple process you can follow to ensure you win in May.
Here it is:
Step 1 - Learn
The first thing you need to do is learn & master a strategy.
It's SO simple that it might sound stupid ~ but the truth is most people don't even do this before starting to trade live.
If you have a live trading account or a funding evaluation on the go right now, and you can't list out your exact system step-by-step all the way from top down analysis through to entry criteria & trade management...
Then you need to STOP trading right now.
Close the account, withdraw all your funds & lock-in on mastering a strategy. Trading on discretion with no clear process is the easiest way to set yourself up for failure ~ and it's why the majority of traders lose.
The best way to learn a strategy is through a course ~ but piecing things together yourself through YouTube videos & reverse engineering can work too, it just takes longer & costs more money in the long-run.
Step 2 - Test
Once you've mastered a strategy, learned the ins & outs, got the process down & reverse engineered a few trades on the charts, it's time to TEST your system.
Using a backtesting software like FXReplay or trading casa practise your strategy in a simulated setting to see how well it performs. Here you will:
- Learn strengths & weaknesses of your system
- Be able to improve your system without risk
- Confirm that your system works before trading real money
Backtesting allows you to collect YEARS worth of analytic data & market experience in a matter of weeks ~ putting you miles ahead of everyone else & giving you a deep sense of clarity & understanding with the strategy that you're going to trade.
It's the single most important thing a trader can do, but chances are you still don't do it.
It's like most people WANT to lose...
Step 3 - Validate
In this stage you'll transfer your skill set from a simulation into real-time trading by applying your strategy to a demo or small live account of a few hundred dollars.
The goal here is NOT to make profit. A few dollars will not change your life, neither will a few hundred or even a few thousand. Detach your focus from the $ figure during validation & instead focus fully on taking good trades & applying your system to perfection.
This is where you confirm that your system works in real markets & confirm that you have the ability to apply it.
You may need to spend a few months here to really validate your approach ~ but the time spent here will set you up for a lifetime of success.
Step 4 - Earn
ONLY when you have:
- Learned & mastered a strategy
- Back tested it over 12 months or more of data
- Validated your abilities on small accounts
You can move onto the final step: Earn.
At this point you have the foundations built & you can transfer your skill set into a cash-generating machine by applying for & passing funding evaluations, getting $100,000+ in working capital & aiming for 3-5% per month in consistent returns.
If you spend the time & energy to carry out the first 3 steps of the process, all of this will come easily & naturally, and you'll have no difficulty turning your trading into a full-time career.
But if you skip or rush the first 3 steps, I promise you will lose forever until one day you can't take it any more and your trading journey comes to a burning end.
Those who put in the work reap the rewards... But most people simply won't do it.
Will you?
Happy New Month
iamBM7_THESURVIVOR🐐🖤🦅

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@Linkwithtornado MTN stocks will make some of us millionaires in 10 years
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Your Big Bro รีทวีตแล้ว

This is where generational wealth is made 💯
Mr TorNadoFi@Linkwithtornado
The Nigerian stock market has performed beyond expectations in the last couple of months. Have you considered venturing into NGX yet?
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@dammiedammie35 Don't ask "if you've eaten" fellas that question in itself shows a lack of game. We are not in 2012.
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