qfx @q___fx
Price Action Apprentice 👁 Joined December 2021-
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@Khldfx Buy a @fundingpips 50k challenge account and leave a buffer :)
As a Trader, you will eventually mature into the mindset that all of your actions, planning, lifestyle changes are moving you towards a life without Trading. Eventually, you will get the epiphany that your task is to get to a net worth that removes the need to trade. Your money works for you, on autopilot. No real estate, no businesses, no employees, no sales, no concern for competition, no energy wasting pursuits for significance. Fixed income on a well-earned knot... most never get this. Be the exception, work towards it.
Price runs are not caused by your participation in the market. Likewise, poor trading environments aren't caused by you. So, you are not obligated to excuse it nor are you forced to participate in it. See how that resolves many internal conflicts associated with fear and greed?
It is Saturday... The only day you truly have away from trading. It isn't a business day. It isn't Sunday, where you pretend to follow your Pastor's sermon, word by word or actually enjoy the company at the family function cookout. No, your mind would be on counting down to 6pm ET and the start of trading for the new week. Saturday, the day we rest in our pursuits as speculators, investors, gamblers and Account Reset Masters of "Funded Fu". Don't waste your valuable time consuming content from useless self-serving shills or toxic drama queens. Everyone is fishing for your engagement... none of them have what you need. Put your head in the charts and backtest... your model is waiting patiently for you to discover it... without paying for someone's lifestyle. If you follow anyone who takes the time to post negativity about anyone else, rest assured, they are projecting inadequacy or envy. Neither of which makes for a good source or respectful fountain to drink from. Find something constructive, inspiring or motivating and build on that pursuit. Avoid energy drains that only pay talentless nobodies who wager that you can't exercise self-control or common decency online. Starve the toxic, support real content Creators who provide genuine value. Enjoy your Saturday and don't waste it. Be safe, Michael
The Draw On Liquidity... That thing that makes your trade "worth" taking. That thing that gives you bias. That thing you can anchor targets to. That thing that can not hide in any timeframe. Free, easy and effective.
The day that you see past the fear of losing or finding validation from me or anyone else, this is when you have achieved the intended mindset goal. Tethering oneself or plugging into someone else's perspective is not independent thinking, it is hive mentality. I'm impressed by my students when they stop coming to me for more of what to do and they use what they already learned.
Join me in my Space! x.com/i/spaces/1MYxN…
going into each trading day, you need to know two things what must happen to validate a trade what must happen to invalidate the day if the market aligns with it, you trade if the market invalidates, you walk that is your trading plan and it is the foundation to consistency, yet something that most lack most traders fear execution because they know they themselves are unpredictable that is where a defined trading plan changes everything you no longer worry about losing control of risk because it is already predefined you no longer force setups because you know alignment of your system is all that matters you no longer hesitate on executions because the uncertainty is removed and ultimately, you trade with confidence because you become predictable in your actions performance will reflect decisions so establish your plan each day follow it to control your actions and the results will follow
x.com/i/spaces/1zqKV… Love 💖 this . @ICT_Concepts @I_Am_The_ICT @
Traders love to romanticize the markets. They think overly complex systems and strategies will outperform simple ones. The benefit of trading something with little to no moving parts, is that you can show up to the markets and execute consistently over LONG periods of time. You don’t need dozens of indicators, or confluences, to come up with the same conclusion if price is likely to go up or down. You need something simple and repeatable. The key is to not change anything when your system suffers a few consecutive losses. Where the amateur is finding reasons for why something didn’t work.. the professional knows if they continue showing up with the same process and mindset, they will win long term.
The limiting factor for most traders isn’t their knowledge or strategy. They just can’t get out of their own way. They make the same mistakes over and over and over without correcting them. Why? Because sometimes the market rewards bad behavior. Now the feedback loop is totally broken… and you continue to assume that bad habits done right can still produce positive results. So they never get fixed.. and as a result.. long term consistency is never achieved. Consistent profitable trading requires you to do the same thing over and over and over regardless of the outcome. And that… for most people… is too boring to continue doing for extended periods of time. Welcome to the markets… where boring is profitable.
There is a difference between making profits and making legacy wealth. No one teaches this in trading. Largely, due to the low threshold of profitability among those participating. The ultra wealthy aren't taking big bets in stocks, or the typical things working folks are sold on. They are always investing in income that is fixed. They build a capital base then employ it with fixed income strategies... not over spending like fools with new money do. Over a short span of time, this builds a legacy of income producing wealth that is passed down to children and ignorant people online couldn't imagine. Tax sheltering and preservation of wealth by managing risk and litigation. You know them by what they spend their money on. Stupid people buy overly priced things to look richer, more posh. Smart Money makes their money work for them and can afford far more with less concern for price tags in short time... without wasting short term windfalls in profits; trying to appear "rich" online. Leagues difference in lifestyle and perspective.
If you spend more time building your trading strategy with its aim at replacing a portion, then entirely, your living wages... you would outperform 99% of these assholes online pretending they have a clue. Trade your time and money for market profits. Then trade those profits for income producing assets and investments. Wish, Rinse, Repeat. Defer your image based bullshit.
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