"If you can't take a small loss, sooner or later you will take the mother of all losses."
– Ed Seykota
Super easy to get in a negative mindset from the toxicity of social media if your awareness is not there.
Ignore the noise.
Treat it all with a grain of salt and remain positive.
Everything is a shit post.
BTC/USD 1D Analysis 📊
Yesterday the BTC 1D candle closed below it's 1D FVG.
Could see further downside here, unsure though because of my bullish bias.
My bias is filtering out the fact we closed below the fvg. I can't say that is a good thing. Will have to see how price action develops further.
Becoming a profitable trader in 6 essential steps:
1. Acquire solid trading education (ICT)
2. Use 1 trading model
3. Master risk management
4. Cultivate discipline and patience
5. Keep a detailed trading journal
6. Continuously review and refine your strategy
Trading can really be that simple.
Pick the direction for the day/week.
Trade it.
Right or wrong.
Gain experience and journal.
Over time you will get better at picking the direction and refining your entry techniques.
BTC/USD 1D Analysis 📊
Would like to see this 1D BISI hold, if it fails then we will see further downside.
This is just a typical 2022 model on the HTF, it works on all timeframes not just the LTF.
Social media drama won't make you more profitable.
Following toxic / negative people will not make you more profitable.
Being sad about politics or caring about it or protesting in the street over it will not make you more profitable.
Lock in on your success.
IGNORE EVERYTHING ELSE.
You already know the major and important concepts, you just suck at implementing them.
Only one way to fix this issue.
Experience in the charts day in day out.
Every trade is a duel.
A chance to prove to yourself that you're better than yesterday.
Stronger. More disciplined. More fearless.
This isn't just about making money.
It's about making history.
Your history.
To make it in trading you just need to prioritize it.
Work and study 16 hours a day and don't leave your desk.
Make it happen.
Learn, take notes, back test and study price action.
Dial in on what you want in life.
If you want to learn everything there is about the market from a ICT Concepts perspective then do ICT's 2017 Premium Mentorship for FREE on YouTube.
Also known as 'Core Content'.
ICT's 2017 Mentorship covers EVERYTHING you need to know.
Most will not take watch all the vids though, only those who are serious will.
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Disciplined application of a simple trading model leads to significant compounded returns over time.
ICT 2022 model.
Silver bullet.
MMXM.
OTE.
But you have to be disciplined and manage risk.
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This is your chance to trade with the big leagues.
Don’t let it slip away.
There could be nuclear Armageddon and traders would still try and market sell US equities to try and make a profit
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Losing today don't mean you're out.
Tomorrow is a new day, a new chance to win.
Stay cool, stay focused, and the rewards will follow.
Trading not just about making smart moves.
It's about making strong ones too.
The Core Content teaches you:
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Daily Bias
How to trade Indices, Bonds, Commodities, & Forex
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Losses should not upset your emotional balance.
Trading is a business, and losses are just business expense.
So you got a losing trade?
That's okay.
Shake it off and get back in the game.
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ICT 2024 Mentorship \ Lecture #2 Summary 👇
https://x.com/Trader_Theory/status/1821213096444359090