PeetahLaw

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Active for: 10.3y
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You go bomb tire! No go learn skill.
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TRADING IS NOT A JOB WHERE YOU GET PAID BY THE HOUR. This is one of the biggest mindset shifts you need to make. As a trader you can spend six hours watching charts, take zero trades and that can be a very successful trading day. Why? Because if there were no valid
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HOW OVERTRADING DESTROYS PROP CHALLENGES Every additional trade creates another opportunity to: Lose money, break your rules, increase exposure, make an emotional decision, hit your Daily Loss Limit and Give back profits. That’s why overtrading becomes especially dangerous in a
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CREATE A TRADE FILTER Before entering a trade, ask yourself: 1. Is this actually my setup? 2. Does it meet all my entry conditions? 3. Where is my stop loss? 4. How much am I risking? 5. Am I entering because of my strategy—or because I feel like I need a trade? That final
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You’re not rewarded for being active, you’re rewarded for making good decisions. Some days that might mean taking five trades, some days it might mean taking one, and some days, the best trade is no trade at all. Don’t measure your trading day by the number of times you clicked
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FUNDED TRADER BOOTCAMP — LESSON 12 HOW MANY TRADES SHOULD YOU ACTUALLY TAKE? Here’s a question almost every new trader eventually asks: “How many trades should I take per day?” 5? 10? 20? Maybe just 1? The truth is you don’t get paid for how many trades you take. You get paid
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Nigerians, man. They save you time and stress, still y’all are not satisfied. From where I live in satellite to where Item7 is in festac, would cost me approximately 3k if I should go with bike and more if I should book a ride. But if they deliver it to my house, I pay 1200
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Wiz left Lagos to Cali, Asake left Lagos to Cali, BNXN left Lagos to Cali. Soon, all the celebrities would leave and it will be you and I here. When they do not see anyone to extort, they will come for us, in our houses, forcing us to give them our money and food and probably
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Perfection is a mirage.
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Just a friendly reminder; that boring indoor life you’re living is saving you from a lot of trouble and also saving you money.
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The Recovery Trap Let me make this very simple. Suppose you have $10,000 account and you lose 10%, now you’re at $9000. You might think you just need to make back 10% but 10% of $9000 is $900. You would need to make 11.11% from $9000 to get back to $10,000. The deeper the
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But here is the bigger question; what if the losing streak continues? Now we need to distinguish between two very different situations. Situation A: Normal losing streak Your strategy is being executed correctly. Your entries followed your rules. Your risk stayed consistent.
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WHAT SHOULD YOU DO DURING A LOSING STREAK? 1. Keep your risk controlled 2. Stop revenge trading 3. Review your execution 4. Know when to step away In all of these, you can’t afford to make any emotional decisions you can only afford to do things you can control; from your
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FUNDED TRADER BOOTCAMP- LESSON 11 HOW TO HANDLE LOSING STREAK WITHOUT BLOWING YOUR ACCOUNT Losing trades are not evident that you’re a bad trader. Even a profitable strategy can produce several losing trades in a row. The real danger isn’t the losing streak it, it’s what you do
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First: what exactly is a losing streak? A losing streak is simply a sequence of losing trades occurring one after another. It doesn’t automatically mean your strategy is broken, the market is against you, you need to increase your risk or you need a new strategy. Sometimes it’s
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If you can wait 30/31 days for 9-5 salary, trust me you can wait for that specific high probability set up.
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This trading P is all about patience. If your strategy requires you seeing; A sweep, break of structure and liquidity resting above your POI before you take a trade, the best thing to do is wait for those confluences. As long as you’re on the right side of the market, you will
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You can have 4.
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I have this setup on $AAVE . As a trader, what would you do; wait for the sell or wait for the buy and where do you think price would go first? $20 up for grab, for the correct answer.🥂
AAVE-0.92%
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Reason 4 - They don’t know when to stop. Imagine you’ve made 2% today, you’re happy, your plan is done. But then you see another setup, “I can make another 1%” you thought. You enter, it loses, you enter again, another loss. Now your Green Day has become a red day. This is why
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