Let’s be realistic
1. Skill Without Capital Is Just a Theory!
Execution Is Everything!
You can be the greatest trader in the world on paper, but if your account can’t sustain real losses, your "skill" is useless.
Trading isn’t chess, you don’t get points for brilliant moves…
You are the algorithm. It's internal, not external, and it needs to be constantly tuned and refined to reach perfection.
Your ability to overcome losses and keep going will determine how well tuned to perfection your trading will be.
Don't ever settle for being a mediocre…
There’s a certain time of the year your edge will FAIL you.
You’ll have the wins but they’ll be too few to equilibrate the losing streaks.
The good news is,
There’s also a certain time the winning streaks would come to cancel out all of those losses.
Morale: Manage Risk
🤝🏽
No amount of analysis guarantees the outcome of the next trade.
Therefore if you don't know what's going to happen next, your job is not to predict, it's to manage risk for any outcome.
If you’re a trader who’s having success and making money, you need to keep your head down. Don’t talk about it; keep pressing and saving. This business is different from any other. When you’re doing well, you need to keep pressing and saving because, unfortunately, a drawdown is…
The Edge:
1. Observe a repeating setup in the market
2. Define that Setup as much as Possible
3. Define Entry/Exit rules For the Setup
4. Verify the Setup has Edge
5. Execute it and Make Optimizations
6. Repeat Number 5 🔁
Stop Over Complicating Trading
I started trading in 2012 with one mission..
Make as much money as possible so I can escape the rat race.
I didn't know it then, but focusing on money was a big reason it took me so long to find my edge.
Here are 10 things I wish I had learned sooner..
It’s not a scam infact traders need more of it alot. If done in the right way it can fasten your growth & help with productive consistency.
This video (AKINDAMOLA WWH RULE) below would help you with everything you need to know about proper “BACKTESTING”
It’s not a scam infact traders need more of it alot. If done in the right way it can fasten your growth & help with productive consistency.
This video (AKINDAMOLA WWH RULE) below would help you with everything you need to know about proper “BACKTESTING”
https://t.co/ZKMM20mTHU
I do the simple, straightforward method to earn money. Here’s one of my favorite approaches:
1️⃣Make sure you’re in line with the HTF trend .
2️⃣Wait for the price to reach your Point of Interest (POI),your poi might be an OB, BB,FVG or even support and resistance level…
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