Pro traders aren't any better at "predicting" where the market will go than a hobby trader, and its not the job. The difference is all in execution: Finding lvls, protecting profits once available, stopping out & adjusting when wrong, and consistant loss size control. Focus there
Trading Mindset of the Day: (👍 and 🔁) if you agree!
1 - "The battle isn’t with the market; it’s with yourself."
Trading isn’t just about charts, indicators, or market moves. It’s a test of your discipline, emotions, and mindset. Let’s unpack this. 🧵
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In today’s trading world, the spotlight is often on payouts, funded accounts, and the pursuit of elite trader status. But what rarely gets discussed is the journey of the blue-collar, independent trader, the one building a career with their own capital, learning on the fly, and…
This sounds backward, but If you really want to level up in trading, get good at losing.
Good losers don’t take losses so hard, which means they can go again and again.
Good losers don’t personalize losses, so they’re able to detach and learn from them.
Good losers don’t…
Tired of watching others profit while you sit on the sidelines? 💰
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A new content segment/thread designed to empower you with the knowledge and skills you need to succeed in the world of trading.
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thx @EconomicAlpha for drawing my attention to Eric Sprott and his empire building. Compared to the below tweet, today King Eric is worth $974.5mm over 120 lines coming from $2.2bn over 86 lines almost two years ago
Mr Market did not spare anyone in PM
thx @EconomicAlpha for drawing my attention to Eric Sprott and his empire building. Compared to the below tweet, today King Eric is worth $974.5mm over 120 lines coming from $2.2bn over 86 lines almost two years ago
Mr Market did not spare anyone in PM
https://t.co/Ac0mQu84Sj
today's Silver move of 3.7% is significant.
in my dataset from all days of a +3% to +5% upmove, 8.08% belongs to a bullish intermediate cycle
and 2.4% belongs a bearish intermediate cycle
in other words: 4 to 1 a new uptrend is starting, based on datasets 1968 - now
owning lots of physical Silver and lots of physical Gold make me sleep in turbulent times.
owning lots of shares in small mining companies makes me excited for what's to come
focus longterm and execute and skip all the noise.
Precious Metals ended consolidations and gv targets are
$2750 gold
$65 silver
$125 $gdxj
over the next 18 months
to see how i trade this check goldventures.org with Junior Silver Gold Miners, expecting an overall 3x to 7x while diversifying risk.
Realizing that we innately want to evolve-- and that the other stuff we are going after, while nice, won't sustain our happiness--has helped me focus on my goals of evolving and contributing to evolution in my own infinitely small way. (1/2)
Despite the early weakness today,gold & silver are set up for big upside in the 2nd half.Sentiment is bearish,inflation is heading higher,USD is heading sharply lower & real yields are very negative. My targets remain Gold $2500,silver $45-$50,GDX $60,GDXJ $100,SIL $75 & SILJ $35
it doesn't matter.
it can't be green every week, every day.
this question shows you need to work a lot on creating a stronger hand.
1. start with company presentations.
2. next ceo interviews
3. next gold/silver cycles.
instead of watching prices.
it doesn't matter.
it can't be green every week, every day.
this question shows you need to work a lot on creating a stronger hand.
1. start with company presentations.
2. next ceo interviews
3. next gold/silver cycles.
instead of watching prices.
with each day passing, my scenario of a 2 stage rise (Silver to $35-42 by July - and $65 by November)
becomes more & more in play.
because that's how cycles work and we have now spent April/May/1week June grinding up.
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