Mindset
Speak Gratitude to Quantum Leap Speaking on gratitude and how you can quantum leap your life speaking about what you’re grateful for now in the tiniest details and speaking life into what you want in the future and having an emotional connection to that future. they are levels to this skill find out how.
Affirmations! how to use them Powerfully What up everyone. This is a great mindset training on Affirmations & How to Affirm yourself. I have shared my list of Affirmation to assist you in your journey to greatness. I encourage you to write your own AFFIRMATIONS. In the mean time you can borrow the ones I'm sharing with you today. you all are amazing see you on the next video
I am a winner
I am focused
I am a leader
I am persistent
I am consistent
I am reliable
I am coachable
I am teachable
I am always learning
I am a man of my word
I am raising my standards every day
I am speaking with conviction
I am love
I am learning every day
I am a 13 figure earner in trading
I am comfortable with earning 13 figures
I am unstoppable
I am profitable in winning 100% of my trades
I am 100% healthy
I am using 100% of my brain with Control & precision
I am relentless
I am a force to be reckoned with
I am obsessed
I am making my dreams a reality
I am a doer
I am trustworthy
I am a fighter
I am taking massive actions
I am Drive
I am Limitless
I am Nickylimitless
I am a legend
I am the worlds greatest
I am the best Trader in the world
I am joyful
I am a man of God
I am wise
I am wisdom
I am blessed
I am honest
I am courage
I am excussless
I am a problem solver
I am on point
I am all in I am sharp
I am witty
I am funny
I am likable
I am lovable
I am fierce I am operating on a high frequency
I am a high-performance trader
I am a great husband
I am a great father
I am breaking all walls down in my life
I am breaking all chains to move forward
I am breaking through all obstacles
I am an overcomer
I am me
I love me
I respect me
I respect my family
I respect my team
I respect the markets
I respect my business
I respect life
I respect God
thank you father in Jesus mighty name
“Amen”
How to continue in trading during uncertainty timeHello traders:
Recently I received many messages from traders about taking many losses during this uncertain time.
What's going on globally right now may have a different impact on all the different markets.
Many have told me of your frustration, stress, and negative emotion on losing money and continue to feel defeated.
Today I will explain a few things that you can implement into your current trading plan,
approach and perspective during this period of time.
First, you must acknowledge risk management.
Too many traders ignore this key important aspect of trading.
Especially during this time where the market can be volatile and irregular.
It's in your best interest to understand how to manage your risk. You should have a plan that lists out how your approach would be.
For example for my risk management right now:
-1% per trade of account capital.
-No more than 1 trade on the same currency, unless the first trade is secure in profit.
-No more than 2 trades open during a day, max drawdown 2% per day
-10-15 trades per month
-3 trades maximum per week
-Minimum 3:1 RR allow before entry
-Will Take profit on average when in profit 3:1 RR.
Second, learn to control your mindset and emotions.
More often when traders approach me these days, they are telling me they are taking too many trades, chasing profits and revenge trading their losses.
All these arise from the mistakes of FOMO, get rich quick mindset, enter multiple trades.
IF a trader can truly understand the fact that the market will always be there tomorrow, next week, next month..etc, then it's an easier thing to deal with on a psychological level.
You will no longer stress about trying to enter too many trades, worry that the market may not be available tomorrow.
Third, less social media exposure.
In today’s world, unfortunately in trading, most of the things you see on social media are fabricated and fake.
Their sole purpose is to sell you a dream, lifestyle, and easy money concept.
ITs always during this uncertain time, you will see more and more of these “gurus” who will show you how much $ they made during this time.
Now, I am not saying all are fake or scam, I am sure small # of them are doing well.
But, most of the things you will see in your social media feed, are likely to be photoshopped, faked, fabricated to make you believe whatever you are doing is wrong, and you tend to “compare” your result with these people.
This ended up becoming very negative and stressful to continue.
ITs important to understand trading is one of the toughest professions out there.
IT requires so much emotion control, clear mindset, and proper psychology on a regular basis.
If you are struggling, it's usually not to do with your trading strategy, but rather your approach, perspective, and perception.
So, eliminate as many unrealistic things you might see, and focus on yourself and your journey.
Any questions, comments or feedback welcome to let me know.
Thank you
Possible 500 pip move on NZDCHFRisk : Reward
1:16
____________________________________
A Healthier Approach To Trading In 5 Simple Steps
1. Follow your plan.
2. Focus on Process, not outcomes.
3. Work smart (limit screen time, contingent orders, etc).
4. Worry less, think positive.
5. Exercise and meditate daily.
Trade Safe.
wedge top's 🔝 in a bear sell offhi there my friend to day I want to discuss about wedges (on of the most powerful setup's).
true but there is always some details about it that make us so confuse, some of them that I just learned in past few years are.
1.the might be more than 3 wave's
2.35% of the times wedges will fail
3.if u want to be sure about the pattern wait until a fake breakout happens.
I'm sure that u guys might know something else and I'll be happy if you just share them with me.
cheers 🥂.
How to control FOMO in day trading!Good morning traders!
The markets are going to be wild today and over the next couple of days... which only means many of us traders will have a lot of FOMO! This video is designed to give you a basic plan on how to deal with FOMO in day trading!
Today is the day to be in control and this video helps you get there!
The psycology of understanding patterns
The human mind is made to create context if there is an information we need to get the full picture. An example of how your brain is creating information in order for you to understand the context could by reading this text:
"I cdnuolt blveiee taht I cluod aulaclty unesdnatnrd waht I was rdgnieg! The phaonmneal pweor of the hmuan mnid aoccdrnig to a rscheearch at Cmabrigde Uinervtisy, it deosn't mattaer in whaht oredr the ltteers in a wrod are, the olny iprmoatnt tihng is taht the frist and lsat ltteer be in the rghit pclae. The rset can be a taotl mses and you can sitll raed it wouthit a porbelm."
This is actually very usefull when analysing the marked. If you don't know the context you can try and look back on how the share was evolving before and use that knowledge to predict the outcome even if you dont have the full information. So by triggering your brain to understand the context will help you find the outcome.
Let me know what you think about this^
How to Construct Your Trading Plan 2.0 Hi everyone:
Today let's go over a trading plan in more detail. I have made an educational video on this before, and many have asked me to create a more in depth breakdown on this topic.
So let's take a look at what topics to include in a trading plan.
First, what you should understand is there are no set guidelines of what exactly you should include in your trading plan.
Most traders will have different approaches on this topic, and some will have similar ways of constructing it.
What is important is this is something you will look at on a regular basis.
You will add, remove, edit your plan so it is the most up to date with the information you want to include in.
You should NOT however, just copy someone else’s trading plan, since it won't be applicable to you.
Below I have outlined the 6 main topics that I include in my trading plan, and I will go over each topic in more detail on what can be included in.
Personal Goals, Emotion/Mindset, Changes
Trading Checklist
Trading Quotes to reflect on
Trading Past experiences, mistakes, and lesson
Trade Enter Criteria
Trade Management
If you have any questions, feel free to let me know :)
Thank you
3 Stages of Trading 🚨Every trader goes through these stages.
I remember starting out on demo thinking this would be the easiest way to make money quickly.
Oh, how I was wrong.
It seems like sunshine and rainbows on a demo account but when you move onto a live account, the real problems begin.
Your expectations of quick money quickly vanish due to the psychological aspects of trading.
This usually results in big losses.
Excitement is followed by pain, this is where most traders quit.
If you make it past the pain and develop, you will reach your trading goals.
Do these stages seem similar to your trading? 💬
3 Mindset Tips for Elite TradingHappy Sunday Traders!
In todays video we go over 3 mindset tips for elite day trading!
Watch the short video below to understand this better, but here they are anyway:
BE OPEN MINDED
Let the market be your guide (price action)
Wait until you feel the market (day trading)
Be just as ready to buy, as you are to sell
CONTROLED AGGRESSION
Know what an A+ setup is, then develop the confidence to act big and fast
Have a plan, both for the best entries and the failed trades
EVERY TRADE IS ABOUT DEVELOPMENT
How good/great of a trader could you become by next month if you learn from every trade you take this January?
900 PIP MOVE ON EURUSD ??! No much explanation here ...
However you trade, remember to always KEEP IT SIMPLE.
Looking to go in at 1.1370 (prime entry) with a 30 pip stoploss.
_________
Moving stoploss to break even should price go to 1.1595
Manually exiting position should price close below 1.1375
Trade safe. 🥂
Keep it simple.✅
POSSIBLE CRAZY FALL ON USDJPY ??!All through 2021, we've seen price rise steadily on USDJPY.
Right now, price is approaching a monthly resistance, from which a huge reaction could occur that could take price to 102.00
There's also a shark harmonic pattern in formation.
When the time is "right", we'll be looking to capitalize on this move with a 30 pip stoploss (max.)
Trade safe🥂
Keep it simple ✅
3 things no one wants to accept (Discipline development)Hey all! Happy Sunday.
I did this video already but it failed to upload so here it is again.
In this video I focus on helping traders create discipline in their trading, discipline is a vital component for success, so I really hope this video helps you guys find it in your trading and life!
Good luck with the new trading week!
If BTC were in a real bear market...This chat shows what I am tracking in the case that Bitcoin breaks down from here, on a longer term time frame (red arrows), and enters a real bear market (not just a correction, which I think we could potentially be seeing at the moment). As I have learned from being in this market since early 2016, if you think Bitcoin can drop X amount and hit a "bottom"... double that amount, it will drop way more than you think. If you think it can go up X amount, double that amount, it will go up way more than you think. And at the same time, if someone has a wild prediction like "Bitcoin will hit $196,000 by September 12th at 4:30pm"... that is complete nonsense, but of course it could happen!
Fact is, nobody can predict the future. ESPECIALLY those who say "Bitcoin NEEDS to go up because X"... Bitcoin does not NEED to do ANYTHING they say. The market will do what the market does and you can only prepare for the best outcome.
But the main idea here is, you will never 100% know when those rallies or those dumps will start, and you will never 100% know when each top or bottom is reached. There is only so much technical technical analysis that can be done. Only so many predictions that can be made. What it really comes down to is, time in the market beats timing the market.
I'm a buy and hold type of investor, for all stocks, cryptocurrencies, and real estate. Technical analysis "chart art" is simply a fun hobby for me, and it's entertaining to see the "guru" predictions and ultra technical colorful lines people draw, wave counts, spirals, pictures, etc... whatever you call it... I believe in strategies that absolutely work. And it's up to you to find what works for you. For me, that's buy and hold, for the long term.
Wishing you all the best of luck in 2022!
- HDLR
POSSIBLE 400 PIPSStructure has been broken on the 4H timeframe.
Prime Entry ... 0.6235
30 Pips Stoploss
Target ... 0.6630
Risk : Reward
1 : 13
Move stoploss to breakeven around 0.6355 (i.e 38.2 level of the CD Leg of the harmonic pattern)
Manually exit position if price closes below 0.6235 ON THE 4H TIMEFRAME
Visualization and Trading Manifestation 💆♂️Visualization
Why is it important?
You may have noticed that whatever you choose is always manifested. What you choose is what you get. Whatever you choose to believe in gets reflected in your worldview.
So why are you not choosing to be a successful trader?
Thoughts not only provide the motivation for human action, they also have a direct influence on our reality.
Thought energy transforms into physical reality.
Thinking positively going into a trade and thinking positively in general as a trader is a sure path to success.
Do you practice positivity and visualization when trading? 💆♂️