in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
Did you notice how suddenly brokers and prop firms stop paying people at the same time traders are learning SMC and ICT trading theory? ๐
The smart traders are ruining these brokers and props
7 - 0
If "2" means profitability
What you see on other channels: (overcomplicated)
eln(2)โ
eln(1)=eln(2)โ
1=eln(2)=2
What you see on my channel: (super simple)
1+1 = 2
BOTH roads lead to the same results, I'm only trying to make it EASIER to achieve
3 - 1
Trading standards have increased a lot the past years
Years ago traders were using EMA's, Indicators and this type of "retail" trading style
2-3 years ago a whole new movement started, the SMC and ICT trading theory
Very useful, it's what I mostly talk about on my channel
However.. it is often complicated to understand..
When it's just common sense of the price action lol
3 - 0
Trading is super simple (but not easy) and is so overcomplicated by the people you are watching on YouTube because they have this superiority complex of making people believe they are smarter than they actually are
That's why I'm trying to simplify trading
Success is mostly a mental/psychological game, just like in every competitive activity, skills mean nothing without the right mind control
You have my videos where you learn the technical side for free
You have whop.com/traderslab/ where you can learn both the mental side and speedrun the technical side
That's all you need, some will make it and some won't, not everyone can win, remember that for winners to win, losers must exist
17 - 2
If I were a complete beginner I would start with trading stocks without leverage for a couple months on no commission discount brokerages (but regulated)
Then slowly transition to Crypto
Then slowly transition to Forex and Futures
And finally create a portfolio where you trade all of them, see where you get the most performance and keep trading there
Too many people are in love with one market without having a taste of all markets first.
9 - 0
Break and retest trading does not work.
Most break and retest traders ignore the volume and strength of the candles that are forming right now, the market is FORWARD thinking and they are thinking of the past..
There is a very simple trading strategy around it that works mainly on Stocks and Crypto, might do a video on how it is done.
The main point of the strategy that we will talk is:
- If you see the market going up, why sell? Can't the market keep going up?
- If you see the market going down, why buy? Can't the market keep going down?
11 - 0
Trading success shortly explained:
1. Find a way to average 3-5% profit in a month
2. Stop trading when you achieved that and wait until next month
3. Repeat step 1 & 2 for years
Do not underestimate the "small" 3-5% gains because just in 1-2 years you end up with more money than those who risked a lot
If you want a better ROI, building a business might be a better idea, you probably won't get rich from trading but you can get richer, pay close attention to the words used. And you link business + trading + investing you become a financial master
I detail in depth all the steps about realistic profitable trading on whop.com/traderslab/
You will make more money from trading and have more free time with less stress than most traders
All because you're going to understand how money moves from patientless greedy gamblers to actual consistent traders
13 - 0
The best and safest prop firm is FTMO, I'm not affiliated just telling you my experience, been working with them for the last 2 years and I can only rate them 5/5 stars
If you're going into the prop firm path, first maxout FTMO's allocation, if you manage to achieve that you can afford to risk on other prop firms to scale even further but don't even think of doing that before maxing out FTMO first
I detailed on a special section on whop.com/traderslab/ on how to approach prop firms - passing them, keeping them and scaling them -
The KEEPING part is very important since most traders blow their funded accounts quickly even before getting a payout
3 - 1
There has been some drama lately with a guy managing other people's trading accounts and he lost $3 million (95%) of their money in a couple of days
This was done intentionally and the influencer took a large amount of money from working hand-in-hand with the broker
Be careful of brokers promoted by influencers, most of the times they fake their traders results to lure people
Unregulated brokers are only for money that you should instantly consider lost after depositing
If you want to be serious long-term stick to highly regulated brokers like Oanda, FXCM, Forex.com, IC Markets or top 1-2 reputable prop firms
And also very important - Do not invest in a fund created by someone that is not legally allowed to manage other people's money
17 - 2
How to stop revenge trading from ruining your trading account:
It all comes down to PATIENCE and REALISM
All you have to do is accept that a loss in the short term means little in the long term and can be slowly recoverable
Slowly recovering also makes sure to avoid GREED as much as possible
Extra tip: Do not install the trading platform on the phone, the phone is easy and quick to access, can lead you to open random positions out of your plan/revenge trade
Whatever tip someone tells you to get away from the PC is pointless.. because emotions will break the rules -
The best solution is learning how to control your psychological trading game - which is a thing we have explained in whop.com/traderslab/
9 - 0