Hello, I'm Joe. Welcome to my Public Journal. Your journey to Consistent Profitability starts here. Enjoy the Learning Process. I wish you good luck, and good trading. 🥃 Enquiries: Chat with Joe - dejoea7@gmail.com Support - TeamJoe57@gmail.com
The Cup Trading Challenge maiden edition will begin soon.
Join here if you haven't yet -
/channel/+4Ci4-nxQn_U0MTE0
1. Register and create your account with the Link in the Private channel after you're approved by one of the admins,
2. Verify your account, and fund your account with $500 minimum.
3. Stand a chance to win $2500 grand prize if you emerge the winner.
Send us a mail if you have any questions -
TeamJoe57@gmail.com
Hurry!
Team Joe.
dollar Index. fiber. 1d.
you saw it here before the fact.
voila. 👾
shiny objects? nahh.
stay with the basics.
(ps - read the attached post again).
post nfp - dollar Index, fiber.
never doubt the high timeframe plays. stay learning. 👍🏽
dollar Index. fiber. 1d.
sound logic, with clear invalidations.
there is nothing new. don't be sold into delusion of some sort of theory blabb.
stay with the basics.
imagine those traders, some of them going beyond 3% in profit, and maybe rake in 5%, 10% or even 15%..
where will the propfirm then get money to pay these traders?
not sustainable obviously.
all propfirms thrives on most traders failing. nothing wrong to want to cash in on the system, but you should know the truth for what it is, at least.
remember to share this with as many of your friends that this can be of benefit to.
imagine having ranking first to third position with your friends.. well, your skills will do the talking.
a good way to end the quarter it seems, for a monthly challenge where there's opportunity to earn up to - $10,000 live cash.
monthly benefits just the way you want them to be.
this is confirmed already. will send in the details soon.
Читать полностью…@ everyone I have good news family.. you're all going to love this.
It's going to be a monthly trading competition with the first, second and third with the highest return awarded handsomely in dollarss.
a leaderboard will be created, and a support telegram handle will be created to help with questions and stuff.
this competition will take place MONTHLY.
I'm still finalizing this. once it's set, I will announce live when it's about to begin. I'm sure you all want to make good money trusting your skills in the market. this is not prop trading, this is real (live) trading with zero rules.
invite your friends already, and get them ready for when it's announced live here on this channel. a private telegram channel and group will be created for those interested only. once you're found spamming, you're removed immediately.
this will be a monthly competition. It's here to stay.
brace up friends.. :).
ease is a greater threat to progress than hardship. keep moving, keep growing, keep learning regardless of the situations you find yourself.
you're just few steps to your destination.
https://spotify.link/s3NmU0BrKDb
Hope for tomorrow. Rest in His Promises.
Yes & Amen. 😊
market was going to crash at some point. it was just a matter of when. so, the slow build up in price from tuesday into thursday's close of day was indicative of nfp to initiate the move.
stay with the basics. often said the same thing.
hey friends,
admission into my Community for the fourth quarter of the year elapses monday 5pm, est.
$100/quarter.
the last time it will ever be that way though.
reach out in time to be a part of the Community. the very Community you need. :).
see you. 👍🏽
Trading Challenge begins on or before mid of the month. A definite date will be announced soon.
Simple steps -
1. Join the Telegram channel ONLY if you're interested in participating - /channel/+4Ci4-nxQn_U0MTE0
2. Sign up with CWG Markets and verify your account with the link in the private channel.
3. Upon verifying your account, fund your account with a minimum of $500, and wait.
4. Start trading immediately the challenge starts and watch your performance updated Live on the leaderboard with other traders.
5. Stand a chance to win $2500 grand prize if you emerge the winner.
Any questions, send us a mail - TeamJoe57@gmail.com
Hurry! 😁
the Live Trading Challenge will start soon, in some few days. It will last for 30 days (a month).
come display your skills and earn whilst doing that.
and we will keep having the challenge every month like that. It's my way of giving back to my Community.
never mind, I won't participate in the challenge. maybe at a later time, but I won't still claim the prizes.. it's for you all, not me.
join here - /channel/+4Ci4-nxQn_U0MTE0
more information in the channel. it's a private channel. so join only if you're participating.
see you all there. 👍🏽
I think at some point, we all need to tell ourselves (admit) the truth that all propfirms are PONZI SCHEMES, that will soon fade out in time. a bubble that will soon bust.
a basic math -
how about explaining giving 10,000 traders $100,000 demo account to trade (of which each purchased for $450 each), which is $1B in cap out of thin air, and let's assume half of those traders pass their challenge in good time.
10,000 challenge bought by traders @$450 each - $4.5m
5,000 passes the challenge and make 3% each of the $100,000 - $3,000.
propfirm pays the traders 80% of $3,000 - $2,400.
So, $2,400 x 5,000 (traders who passed their accounts)
= $12m.
eyes opened now?
can you see why they thrive on you failing and will do everything to ensure that you fail?
if half of those 10,000 traders pass their challenge and generate just 3% in profit, they will be in a loss of -$7.5m. so, where do they get the remaining $7.5m to pay out the rest traders?
so, is this really a sustainable structure? think.
hello everyone.
this is coming earlier than I supposed it would. we will be having a monthly Live Trading Competition henceforth. this is proudly sponsorred by CWG Markets, my partnered brokerage firm. I set the rules though.. Lol.
now, here is the deal -
with the advent of several prop firms and their legitimacy, you really can tell from the sidelines that, whilst these firms have good intentions, it's basically a ponzi scheme. funds are taken from peter, to pay paul. it's not a sustainable model, and never will be in the long run.
we saw how MFF went down... since then, a lot of these firms have been dealing with one issue or the other. whilst there's a lot of good with propfirms and how it helps traders to scale, it comes with its own fraud. a lot of rules and spread issues that is intended towards causing a trader to lose their challenge account. most (if not all) propfirms thrives on bought challenges. it's geared towards making traders fail their accounts, and few pass their accounts.
propfirms are good, but the business model of many is pure ponzi.
so, we have begun a Live Trading Monthly Challenge where traders will get to compete with each other on a funded live account of their own capital, with a minimum of $500. traders will be assessed after 30 days on their percentage performance as there will be a leaderboard showing every traders percentage increase and their rankings, which will be updated live per time.
the first to third position will be paid in USD, and this can go as much as $10,000 in cash - to the winner as the competition progresses. note, it will be monthly. so expect a lot of goodies
we are starting with these prizes for the maiden edition:
first position - 2500 USD
second position - 1500 USD
third position - 500 USD
you get to trade your own money, and you also get paid for mastering the markets your own way. real cash, no demo.
key things to note:
1. $500 starting balance minimum - you fund.
2. 100% BONUS on any capital balance you fund. e.g., you fund $1,000, and you have access to trade with $2,000.
3. all profits you make both on your capital and bonus added will be yours asides from the compensation prize you get.
4. zero rules, just trade safe with your personal risk management.
5. if you blow your account within the 30-day trading period, you can fund again to keep participating, or wait till the next month's trading challenge.
6. your money remains yours even if you don't meet up with the top 3, and you can try again the next trading challenge.
7. others will be communicated in the private channel.
more information will be sent to the private telegram channel to those interested.
join here - /channel/+4Ci4-nxQn_U0MTE0
you will be approved to the channel by an admin once you join. be patient to be approved.
ps - only join if you're going to participate in the challenge. no speculators in the channel.
christmas is on the way.. come flex your skills.
vamos!
send the channel link out for as many who you know will be interested in this..
/channel/JoeEliteTradeHub
for your success only..
quite a number have been reaching out for the next mentorship opportunity to be a part of the Community. a new quarter starts in few days.
another opportunity to be a part of the Community with a few bucks for 3-months. some free slots were given some months back to quite a number of persons from different countries.
the final quarter of the year begins in 3-day. you can now choose to be a part of the Community for the last quarter of the year, before the prices increase from Jan. 2024.
reach out to the team support, teamjoe57@gmail.com to enroll for the final quarter.
payment window is from october 1-7.
looking forward to having as many of you in the Community for the final quarter. till then. 👍🏽
higher timeframe orderflow is king. Stop looking for shiny objects.
nothing really is new.
shiny objects.
they always keep coming, from year to year.
folks will keep getting delusional year in year out, of certain way to view the markets in theories, fractals and all sorts of names from time to time, having yet explored the full contents that ICT has made available.
interesting.
you get deceived for something already taught by ICT, and then get sold on mentorship, to then come back to square one after 6-12 months of learning another "new algo theory" on the block. wild.
just think.
I teach a fraction of all that michael has taught, in a simplified way, and help your pattern recognition of the same things. I don't sprout out something new outside of all I know from michael. it's fine to be mentored till you gain consistency and remain in mentorship to keep getting better.
but trying to spine out something to new to be unique, sound different, etc is another level of wild.
stay with the basics already, and master it like the back of your hands. avoid distractions. they are all over the place.
avoid distractions.
I repeat, there's really nothing new. there's nothing new.
there's nothing new!
stay with the basics, make money, then, rinse and repeat.
enough said.
where are we at... dollar Index, fiber..?
nothing short of expectation.
FOMC today.. 2pm. don't stretch your luck.
patiently sit it out..
and wait for the next line of action.
Is it difficult to be patient? no the question should be, is it more difficult to lose your mental and financial capital?
which would you rather settle for? be wise.