Traders often become obsessed with the idea of doubling their trading accounts, making a million dollars, or achieving a specific financial goal.
Instead, they should focus on sticking to their trading system, following their established rules, and respecting their risk management plan.
By doing this, success will become a question of when, not if.
Without a doubt, the key to my trading success is understanding this principle:
"I DON’T KNOW WHAT WILL HAPPEN!"
By acknowledging that uncertainty exists, I can establish invalidation points for my trade ideas.
When I consistently set and adhere to these invalidations, I can manage my trades more effectively.
If I remain consistent in establishing my invalidation points and managing my trades every single time, I can achieve a greater level of consistency in my approach.
With a consistent approach, I improve my chances of making effective adjustments that enhance my trading edge!
The complaints about traditional markets are quite amusing.
It seems like any movement downward is immediately met with widespread panic and distress.
Meanwhile👇👇👇
Motivation sparks action, but discipline ensures progress, that’s the Law of Consistency.
Talent alone won’t sustain you, and opportunities mean nothing without commitment.
Success belongs to those who show up every day, regardless of how they feel.
Everyone wants to
100x their acct this year
10x their acct this month or
2x their acct this week
Until they lose it all in 1 trade
Never forget that sound risk management is the absolute key
You have to survive to succeed!
A clear sign of happiness is when you find yourself genuinely hoping for the success of others.
I do love the “All GAPS must close” crew.
This GAP on the Dow Jones from 1933 (@ Dow $75 is Just $43,700 below current levels
If you were waiting for this one to close you would have only been waiting for 92 years thus far.
#BTC also has several runaway gaps from $20k’s and another in the $30k range, but the “all gaps close” crew just ignores all of them.
#BTC Weekly Shakeout
An $18,000 drop followed by a $16,000 recovery all within the same week.
What an amazing asset!
#BTC
Technical Analysis detective work. Learn to study the footprints.
The few (Composite Operators) that are in the know are the ones that will leave the footprints.
Our goal is to attempt identify where those traps might be set and where it makes sense for us to put some risk-on.
This is not to pat my own back (ppl get quite sensitive about suce things), being right or wrong in any one given spot doesn't matter much. The key is about finding an approach that has consistent edge and using your techniques in an attempt to find the losing traders and join the traps that might be set for them.
With all that said, it’s now ALL EYES on the weekly close to determine what might be next.
Stay tuned!
(Side note, I plan to reopen Discord access soon (which is always free) to everyone that wants access. Just say you want access in the comments.)
The pessimist complains about the wind
The optimist expects it to change
The realist adjusts the sails.
Too many guys are far too interested in trying to call tops and bottoms.
Who cares? What direction are we headed in right now?
What else matters in a trade?
We trade to make money, period, end of story.
It might take 1 year
It might take 2 years
It might take 3 years
But eventually, you're going to make it
It won't matter if it takes 4 or 5 years once you make it, so whatever you do
Don't give up!!
The question is not if you can turn a profit with your initial investment, but rather if you will give up when you see some significant losses.
Losers quit when they’re tired, angry, or stressed.
Winners quit when they’ve won!
I'm sure I sound condescending to many, but I see people with 100k to 700k followers blaming Trump for #BTC falling. If he is to blame, you should THANK him instead.
How about blaming yourself for not knowing how to trade?
Who sees 20 inside candles taken out and doesn't expect follow-through in that direction?
This is FREE money for professional traders.
#BTC
I have been very open about my BEAR lean since $102k and even made a 2-hour video last week explaining how we haven't seen any Bull signs yet & that seeing these current levels made a lot of sense.
With that said, nothing would be more comical than for #Bitcoin to recover by the week's end for a dramatic weekly scale SHAKEOUT
A trader must plan for every scenario and be prepared to change that plan if the market dictates. The market is going to do what the market is going to do. Your job is to react appropriately, not predict perfectly.
So, always have a plan. Execute the plan. But, always expect the plan to go off the rails. Then, be ready to adapt.
“No plan survives first contact with the enemy.”
Failure is the opportunity to begin again more intelligently
In the yr 1999, I pulled a 125x to my trading bankroll & I was sure that I was a trading genius!
In the yr 2000, I lost every single penny of that $$$ including my original bankroll & my confidence
But, my story didn't end there. No, this was where my journey began
Never quit!
Bear markets & Bear trends create fear & uncertainty!
When the market hits bottom & truly turns up to begin the next bull phase the majority simply will not believe in the rally
When a rally is met with overwhelming doubt instead of "greed" you will know the bear has hibernated
Blood 🩸Means Opportunity, It Always Has, it Always Will
When the market bleeds, it’s time to get to work.
The weakest assets are easy to spot, short them after their next bounce.
But the real money might come from identifying relative strength before the recovery begins.
Which coins refused to make new 1-month lows?
Which held above 3-month lows?
Which only swept the lows before rebounding?
Build your watchlist now and when the dust settles, these might just be the leaders.
We don’t panic. We don’t hesitate. We win, or we learn. And no matter what, we always show up for work.
Pro tips:
The three main elements of good trading are:
(1) Being able to cut your losses as planned
(2) Being able to cut your losses as planned
(3) Being able to cut your losses as planned
If you can follow these three rules, you may have a chance
👇👇👇👇

