Will Aldridge @willssfx
trader | learn to trade below👇 lynktrading.com London, England Joined June 2020-
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First 2 months on my new swing trading account, excited to see how this one plays out for the remainder of the year. A lot easier to identify setups which is a bonus too.
I think that for most traders, focusing on just trading one funded account until you have 10/20k saved up is a good idea. Trying to juggle multiple accounts with different firms can be difficult, especially with the additional pressure of having different rules, spread etc.
If anyone I know asks me if they should start trading, I’ll tell them not to bother. For the majority of people, it is the worst career choice possible and you’ll just end up losing money with no progress. You have to be 100% focused if you want to succeed in trading!
You don't need a super high RR to be profitable. You will notice that the best traders on this app don't trade with 1:20 RR. They are using 1:2 or similar. Traders think they need high RR because of their smaller account sizes, this is not the case as you scale.
Having a dedicated trading setup makes it easier for you to focus. Just trading from a laptop on the go can lead to you getting distracted which is not what you want. I want to know that when I am at my setup that it is time to work and to not become distracted.
It doesn't matter if you have 1/2 weeks without any trades. If your strategy doesn't present any trades, you don't trade. It is as simple as that. This will test your patience but it is worthwhile.
A lot of traders underestimate how much progress they can make in 12 months of trading with proper focus. If you are solely focusing on improving your strategy instead of trying to get rich, you can definitely become profitable a lot faster.
It doesn't matter what you think is going to happen when entering a trade. All that matters is that the trade fits your plan. Even if you think that trade looks good, don't enter if it doesn't fit your plan.
Trading can be a very lonely business. No one outside of trading will understand what you’re doing, especially if you’re losing money. This is probably one of the reasons many traders quit, lack of support for their journey.
I believe that trading with one timeframe is the best way to trade. The majority of the best traders I know focus on one timeframe only. I always find it easier to identify setups using one timeframe, can remove any confusion and makes everything simple.
All of your previous trading losses can be wiped out with one prop firm payout. You will never see good traders hate on prop firms as they know the opportunities that it provides. You will never make the same returns with the initial investment trading your own capital. The…
Your trading performance can always be improved. If your win rate is not 100%, you can improve. Do not get complacent. You will never get a 100% win rate but you should always strive for improvements all around in your trading.
Go into trading with low expectations. Expect to lose money for the first few years. This means you won't be disappointed if you don't get instant success which will help your psychology. Also, if you do end up profiting before that, it is an added bonus.
No one is born a good trader. You can have certain personality traits and strengths that could help you but this doesn't mean you are destined to become a trader. The people who say 'not anyone can be a trader' are wrong. It is harder for some but still entirely possible.
Lots of traders think that once they reach a certain level of profitability that they will be content. There is no end with trading, you can always improve your performance, win rate and profit. You will never reach your end goal if it is vague.
There is no set amount of time that it will take you to become profitable. Everyone will have a different journey which means it will take everyone varying amount of times. One way people fail is by comparing their progress with other traders online.
Trading is and should always be boring to you. There is nothing exciting about staring at charts all day. The more boring it is, the better your strategy and plan is. Copy and paste the same setups.
You can make a very good living from a $100k funded account. Focus on getting consistent payouts from an account of this size first before scaling. Too many people are focused on how much capital they can get rather than actually getting payouts.
Take action. Stop saying that you are going to backtest your strategy and just do it. The more time and experience you have in the markets, the better.
Most people think traders are scamming when they show profits because they can't imagine someone making money when they are struggling themselves. When I was learning to trade, seeing 30p profit on my trades, I didn't think I could take the same trade and make 30k.
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One of the saddest moments in UFC history:
Bros practicing to throw someone all the way down to hell 😭
@Wordsof_Rizdom Damn you really need to learn to shape your thoughts into smaller sentences
Focus on positive things. No time for negativity.
@willssfx Shiiii good work bro! 🔥 Do you prefer swing trading and why?
Just once I need to be having dinner with 15-30 people and have someone call me on my flip phone so I can answer, wait a moment then say “get it done” and snap it in half and dunk it into my water glass. Just once.
Metropolitan police deployed in full riot gear to stop a march of English people waving English flags as they celebrate St Georges Day. 🏴 Contrastingly, riot police are never seen being deployed for any of the pro-Hamas hate marches.
Bro he’s literally in a bar talking about his one win over Pereria…💀
Israel Adesanya talks about his losses to Alex Pereira: “First fight in China, I thought I won. Even [Alex] thought I won until he got his hand raised. Second fight, I’m beating his a** and he gets me. Again, [third fight] in New York, beating that, rocked him, took him down,…
Meanwhyle in Russia
not only did they do this, they made nico and lewis pay for the damage 💀
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When you Google “do I have CTE?” but the links are already purple
me listening to someone explain a board game’s instructions knowing full well I blanked out after 0.03 seconds and will just spend the entire game asking everyone how to play
Enjoyed this from @willssfx — youtube.com/watch?v=-8iNDY…
@willssfx This is facts bro. Many are not willing to do the work.
This is insane. Scottie Scheffler is able to predict his yardage within 1 yard for a number of his clubs. Excellence in any industry is incredible to see.
All I wanted when I was 17 was to make enough from trading to travel and live in a van. Might sound weird to some, but this is true freedom.
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