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Here you will get: 📈 Market Analysis 💸 Trading Education 🧠 Psychology Tips 📍 Join VIP - @AskTTNow
This isn't a game for the restless.
It's a chess match where patience dictates the outcome.
Why waste your ammunition firing at ghosts?
Embrace the void.
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No one cares about your struggles and no one is thinking about you.
They are busy worrying about their below average lives.
This is freeing.
You can do what YOU want and not care about what they think.
Lock in and work on achieving your dreams.
BTC/USD 1D 📊
Nice random move down on BTC over the past hour.
Will see how the daily closes.
Most of the best traders I know were not talented.
They simply showed up every day for 5 years consistently and worked on their craft.
Bad news imo super sad.
Telegram is one of the last bastions of the real internet where you can say whatever you want whenever you want without being afraid of government deeming you're a criminal for words.
FREE Pavel Durov
Getting rich takes time.
When you relax into the process you get rich faster.
"A loss never bothers me after I take it. I forget it overnight. But being wrong and not taking the loss — that is what does the damage to the pocketbook and to the soul."
– Jesse Livermore
Accumulation, manipulation and distribution are fundamental to understanding market moves.
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@AskTTNow ☑
Successful traders embrace the trading process,
while most get hung up on the dollar amount of each trade.
Loving the journey is what sets the professionals apart from the peasants.
Boring ahhh markets are the best time to pay attention
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A 1:2 RR ratio only needs a 33% win rate to breakeven.
Few understand this.
Don't rush the process.
1-2 months barely scratches the surface.
Don't be afraid to go off radar to hone your trading skills.
Focus on the long term success of your career.
I have crazy respect for ANYONE who takes on trading as a career path.
Because I know what it's like.
It's immensely challenging.
But life changing when everything falls into place.
This PA looks like shit for bulls, if it closes like this it will knock my system to be short in the medium term.
Probably just further consolidation/chop until October.
Three trading pitfalls to avoid:
- Ignoring your own rules.
- Trying to trade 13 models/systems.
- Risking it all on one trade.
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@AskTTNow ☑
Does your trading model flash a buy or sell signal?
If yes take the trade.
If no don't.
Over time your model will get better.
Keep it straightforward.
Great vid by ForexDoc on how to use the new cTrader mobile app on Hero FX 📊
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I'm never missing an A+ setup again
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Double purge, works on any time frame
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If you can't figure out what's going to happen fold your bad hand and come back another day.
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A study found that 80% of traders fail due to a lack of discipline.
Cultivate discipline and commitment to your trading education, and watch your results skyrocket.
Remember, consistency is the key to long-term success in the markets.
Repeat this process forever:
1. Small loss
2. Breakeven
3. Small win
4. Big win
This is how you succeed at trading.
This is the ideal setup to make your first 6 figures trading
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Don't tell your parents your plans of being a trader.
They won't understand it.
Because they grew up in a different generation.
There's no point.
Action > talk
Start getting results and then show them.