TRADING tests everything you think you know about yourself, everything literally. You name one of your best qualities against trading, it is put to test bro. Until you think otherwise but still you hold on and do not loose your mind and momentum because you know the payday is around the corner after experiencing all the pain. You have done challenges in life I bet no challenge beats this art. /BE LIKE WATER MY FRIEND/
#BTC TURN TABLE – PPRINCIPLE 20. Book map the tools that you are using such that the habit becomes easier to repeat. Master the way you set your trading tools such that it is easy to catch a move at a glance. Today I have come to realize that I can identify certain trends without even thinking about it, it is automatically happening. I am writing this reaching out to a soul who is paralyzed by continuous loses and failure in the trading world. These is a matter that is worse than a drug and substance addiction because it is encoded inside the being. It becomes part of a persona even though they cannot identify or even accept that they are victims of such matter. Please sometimes sit self-down and write down who you are, what you want to achieve whenever you get to trade and how much time you are willing to spend on the screen or in the trading world. That way you can visualize the goal mission and vision that you can sharpen in order to enhance your performance and trading plan. The simpler the trading plan the clearer the path to success. In the Bible they have said that cleanliness is second to Godliness. When you apply this specific virtue in trading you realize the trading platform needs to be neat, less noise indicators and strategies and easily presentable before the naked eye. The more you get cleaner tables the more the eye can see clearer. I would advocate that you preset your parameters as you wish and allow the system to sync in your heart so that the interpretation of data will be simplified. SOLUTION = SHARPEN YOUR SKILLS VIA UNIFORM REPEATATION FOR BETTER DATA INTERPRETATION. The aspect of habit is key in trading. Although it has more psychological and mental connections dependent on the experience that you gather on a daily basis, trading should be pure fun. Just like playing a MOTO GP SPORT then the moment you engage well with the art the commentator will always be asking ‘How does Marques manage to handle the bike like that. How does he do that?’ Manage your emotions via managing the risk. Let there be harmony between the heart and the mind, do not be tortured by the risk amount involved. Let you manage all that you can well. The rest shall follow through accordingly if you are clean. /CLEAN YOUR TRADE PLATFORM FOR BETTER VIEW/ See you when you made your 1st clean 100% ROI Always trade safe, emphasize smartness, do not be the foolish guy who is always eliminated by nature sovereign power of eliminating the weak elements. $BTC
TRADING IS A TASK NOT EAZY and definitely not for the feint hearted. It is one venture that calls for iron heart and resilience. GOING STRONGER EACH DAY.
$MU TURN TABLE – PRINCIPLE 19. CONVICTION AND HOLDING. When we talk about a person who has balls of steel, then we are always talking about a trader. That person under-goes such a torture and torment whenever a real trade is placed. Some people have very strong personalities and are able to withstand all kinds of pain, you ever heard of the painless labor, women who never feel pain during delivery, such kind of people are existing in this very field of trading. They will place a million bucks worth of a trade and never flinch. A majority of the traders however are the ones who will experience sleepless nights whenever a trade is running in the background. Counter checking the progress or rather managing the trade and monitoring on the progress every now and then just to be sure that the bias and edge was perfect. This is the art of conviction that I would download from a computer into my system, you know holding onto that trade so comfortably and confidently you could travel around the world and never bother to check on it coz you know well how sorted you are. In the book ‘street smart’ some men placed a trade and went on vacation only to get the biggest shock of life when he called his secretary to confirm the progress of the trade he had placed. I have not gathered enough courage myself to let the trades run un-attended, it is such a process. SOLUTION = GATHER ENOUGH TRADING EXPERIENCE COUPLED WITH CAPITAL LARGE ENOUGH YOU WILL NOT FEEL A PINCH WHEN SOME IS TAKEN AWAY! I never advocate for a losing trade, or entertain the thought of a loss during trading, never in my mind, but in order to have the so-called balls of steel one needs to have capital enough in the accounts. Ready to go to work for you, maybe even employ someone to manage the account. As for the retail traders who have not attained such capacity we are having one way forward to trade consistently well till we have enough courage and confidence to hold onto a trade till your target is acquired. All the best to all souls out there who would like to be like me. A HODL. Let’s strive to be better every day. /LEARN TO HODL/ See you shine at the top.
#BTC , TURN TABLE – PRINCIPLE 18. Today I understand the market is such a wide ocean, imagine of the players that are involved in the market on a daily. The numbers are astonishing come to think of them. 1. Whales-institutional money players. (contracts worth BILLIONS) 2. Prop firms. (contracts worth couple of hundreds of MILLIONS) 3. Retail traders. (contracts that vary but they are the majority overall) All these participants have some information in their data base that help guide them to make trades, others are using AI and others are using set codes etcetera. The choice employed by all those players is wide and varies from one player to another. Some recipes are guarded just like the famous Coca-cola beverage recipe because they deliver to the last dot, other strategies are still under development till date and may be showing many errors which result into many losses eventually. Logically thinking the institution will not let the cat out of the bag for retailers to benefit because they need to be in control, overall all strategies out here are verified and released to the public consumption. I remember something very strange happened in 2019 – Covid pandemic = a standard vaccine takes roughly 10 – 15 years unless its an emergency protocol being employed where the period is slashed into 10 – 18 months. That tells you that the institutions are going to feed us with lots of bad staff because they need liquidity, they need some dressing to make the meal tastier, that liquidity is derived from your wrong trade and your liquidation. INSTITUTIONS ALWAYS LEAVE BEHIND A FOOTPRINT BIG ENOUGH NOT TO NOTICE. I could say the best way for a retail trader to make it is following the footprints of the institutions, otherwise the strategies that you apply and employ are designed by default to be faulty at some point so that they can feed off of your loss. It is just how it is. SOLUTION = FOLLOW INSTITUTIONAL PLAYERS MOVES, GUARANTEED CHANCE OF WINS. If you could study how they move then you could be able to execute like them. The most common trait is VOLUME. NO DOUBT. This stands out among all the trading indicators out there. /BE SMARTER EVERY DAY/ Progress is guaranteed.
#bitcoin TURN TABLE – PRINCIPLE 17 The relative volume today is in a lazy mode, the weekend is here already and majority entities that are responsible for lots of price movement are exiting the market to reset and breathe. What is the take of a retail trader? If I could be an advisor, I would say that on the weekends is when the best people position themselves. Be able to interpret data and get levels that are going to propel your account in the coming week. This requires one to seriously master his art of trading so that the bias and edge employed will bare good fruits. If it is not possible to do it by yourself, seek a PRO advice or associate who is able and willing to help in the right trade setup. Weekends are moments when you find the markets doing extremes, getting the LIQUIDITY SWEEPS. SOLUTION = ACT RIGHT OR SIT BACK RELAX AND COME BACK MONDAY! Some times are good for a moment of reset. Work without play makes BTC a dull coin. Maybe it is time you catch up with family, friends and associates. Rather take a breather and relax your system because you shall require its input the coming week. Enjoy something that is not related to trading /GRAB SELF A SANDWICH AND A COLA/ See you on Monday fully charged.
UNPREDICTABLE = SYSTEM. The persona, institution, organization, entity behind the algorithm that controls the price of commodities is such a secretive one. You are sure not to know which way they take the price tomorrow. Otherwise that would interpret into something we can commonly call PREDICTABLE. That is not a quality of an institution of that stature. They mostly work in a way that is reverse to what we can commonly call the human psychology/ human expectations. Today every Guru online is saying that the price of a commodity #BTC70K✈️ will be 70 K before retracing to lowers sub 30 K. This entity is aware of such hype in the market, what do you think will be the interpretation of that information into their data centers? Hahaha. They will let the Gurus shine! NOT POSSIBLE. Most likely they may act opposite of the retail market because normally they feed off of us, the loss accrued by the retail keeps them afloat. Its a matter of when these goes down the way nobody thinks its supposed to go. ALWAYS DYOR.
TURN TABLE- PRINCIPLE 16. #BTC70K✈️ #BTC☀️ STICK TO THE PLAN. STICK TO YOUR PLAN. FINE TUNE YOUR PLAN AND WORK ON IT. The only major challenge of humanity is starting a habit and maintain it 100%. On average, it takes about 66 days for a new behavior to become a habit, though the range can vary from 18 to over 250 days depending on the person and the complexity of the habit to be learnt.
That tells us that we have a complex challenge to tackle, boredom, retreat, unlearning and lots of other issues along the way to success. It is a tough journey for a retailer. But the tasks are worth the hustle.
Some investor used to buy shares using a small portion of his salary every month, year in year out. It was programmed. Then comes me, who has a different routine of work and life and now needs to change all that to suit the course that I have taken, teaching an old dog new trick is not easy though it is possible. I am in that stage of learning the right tricks because they mean more plus success guaranteed.
I CHOOSE SUCCESS ABOVE EVERYTHING ELSE. SOLUTION – BE STICKY TO WHAT YOU WRITE DOWN, DO NOT DIVERT TO NEW MORE PROMISING WAYS WITHOUT HAVING MASTERED YOUR ORIGINAL PLAN. This always sounds so easy but surely very hard to execute. Many times, we come across many versions out there used by the many traders and they are still enticing and working wonders. However, these are not your ways, work out your own ways and stick to them. Do not be changing course every five minutes you come across some news feed. Be a master. These young traders and retailers take time to master the art, at least 66 days is needed for you to hardwire a trait and good habit into your robotic system and then you can enjoy the fruits of your hard work. I choose to be a master of my skill as a scalper. /MASTER YOUR SKILL MY FRIEND/ See yourself a master too at the top.
The chop and drop continues, the market is definitely on some alcohol, the way its moving.😇🍺🍺🍺🍺 It is a nice moment to get into some books, some game activities or a vasation. SIDEWAYS IS DANGEROUS. DYOR.
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