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
dollar Index. 1d. 4h.
good way to close the week. tuesday low of week, then friday retraces back into the range..
the basics.
insane obsession and dedication to the craft.
compound effect.
keep showing up daily.
live trade session at the tradefloor - in the Community.
really just about the basics. no more. 🎯
dollar Index. 1h. 15m. 5m.
tells the story in one shot.
X.
friends, this will become active from next month.
follow if you haven't yet.
strictly educational.
dollar Index. 1d. 1w.
good daily candle close.. it puts things in perspective as to future expectations on the dollar Index, which then gives the narrative for XXXUSD.
as long as tuesday's low for the dollar is maintained, we will keep seeing higher prices, which means lower prices on XXXUSD.
so tuesday's low on the dollar Index serves as an invalidation, which gives a good narrative to look for sells on fiber onwards.
pro-tip.
safe trading through the week, friends. ❤
(reposted)
I'm a blessed man.. I know.
Because at the core of what I teach, you can see between the veil, my core values, and my commitment to the faith of the Gospel of Christ.
This is a grateful heart here.
Blessed.
You don't need big pip hauls. No. You don't.
You just need that 1% daily, that will end up being 5% weekly, and repeat the process.
This is the way my friends. This is, the way.
In a year, with same capital of $1000, you will be up $12,731.26 at the end of 12 months, just by making 1% ($10) daily, which totals ($50) at the end of the week.
Obviously looks small right? Certainly.
But at the end of a 12-months period, you would have x11 your portfolio, with little risk, and concise profits taking.
Discipline is all it takes.
Outrageously massive.
It gives an effective Annual Rate (APY) of 1173.126%
If you compound 5% weekly on just $1000 for 5yrs, you are going to end up with $334,470,263.
Massive.
Hundreds of millions? Yes. That's 330 million (USD), JUST from compounding $50 every week for 5 years.
Just from compounding $50 every week.
If you try to make 1% a day and do so with the least... imagine where you'd be 5 years from now.
With more experience and skill to do more than the least... this is the way you grow into Mastery.
This my friends... is the way.
- Michael J. Huddleston
dollar Index. fiber. 5m.
price stamp yesterday's price action.
"Sometimes the probabilities are very close to certainties, but they're never really certainties."
- Murray Gell Mann
Instagram.
hit the follow button.
going mainstream already, yet strictly educational.
trading is probability.
trading is probability.
trading is probability.
trading is probability.
trading is probability.
trading is probability.
trading is probability.
trading is probability.
trading is probability.
trading is probability.
trading is probability.
trading is probability.
trading is probability.
never get to a point where you don't recognize this as a fact. probability means there's a chance of either sides happening.
so you will never get to a point of assured confidence, which also means risking intelligently every single trade.
when you consider the scenarios where you're wrong - then you'll no longer overleverage because the possibility of a certainty is dissolved and all you're left with is a probability.
trading is probability.
have patience, stop overthinking, and keep watering your seeds.
Читать полностью…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.
This is the way my friends. Consistency will find you and overtake you with this approach.
Читать полностью…There's power in the little figures folks. You don't need to aim for too much. Anyone who has learnt this will be overtaken by consistency, and will be in a huge basket of money.
That little 10/15/20 pips target, take profit, rinse and repeat.
This is the power of Compounding. The little numbers does the magic.
Curb greed folks.
In a trading week,
With a capital of $1000, if you aim for just 1% per day, that puts you up 5% in a week right? Yes.
Now, compound 5% weekly for 5 years.
That puts you on 5% every week. I bet you want to see the results. With a capital of $1000, it's like making $50 every week.
Looks small indeed. But let's see the outcome.
This is the way my friends. Consistency will find you and overtake you with this approach.
Читать полностью…HOLYGRAIL.
You can't get Rich Quick in trading.
It's a fallacy. It's false.
It's Bad Thinking.
It's BS.
Work on your Psychological Stability, Patience, Emotional Balance,
Be Calm-headed, don't Chase Price.
Lastly, what makes it all possible, is Sound Risk Management.
Managing your risk will save you many troubles and you won't be bothered about what the Market does to you.
Industry standard is risking 2% per trade with your capital. I use 0.25-1% per trade position due to large cap.
But because you wanna prove to your mates that you're the best in town, with your Rolex watch(es) and fleet of cars etc, you did go home soon enough, broke.
Be Wise.
Follow the Rules.
The Market feasts on Human Psychology. Once you have the right Risk Management, you will worry less, and build patiently, long term.
25pips per week, with 1-2% risk of your capital, guarantees about 3-6% in a month. That's a good start.
In 10yrs, with a capital of $1,000, you are a Millionaire in USD.
Embrace such discipline. Avoid Greed.
There's no better way of saying this.
Peace. 🏷
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.
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Hurry!
Team Joe.