PeetahLaw

I JUST NEED ONE BIG TRADE This is one trap many traders fall into and this is also where things get dangerous. A trader knows the challenge has a profit target, so instead of thinking; “I just need to take quality setups until I reach target” he/she would start thinking “I need

Think about it this way; imagine two basketball players, one player scores 40 points in one game, then scores 5, 4, 7, and 6 in the next four games, another player scores 18, 21, 19, 20 and 22. Who would you consider more consistent? The first player had the spectacular

Does consistency mean you should never have big wins? Absolutely not. This is important. you shouldn’t intentionally make your trading worse just to look consistent. If your strategy genuinely produces a large winner, take it. The lesson isn’t “never make too much money in one

WHY DOES THIS RULE EXIST? Let’s compare two traders PnL results. Trader A Day 1. +6% Day 2. +0.5% Day 3. -0.5% Day 4. +0.5% Day 5. +0.5% Trader A’s results are heavily dependent on one huge day. Trader B Day 1. +1.5% Day 2. +1.8% Day 3. +1.2% Day 4. +1.6% Day 5. +1.4% Trader

I’d be buying $LTC all August.

Everyone you see popping out from nowhere spent years locked in. Now is your own time to do so.

WHAT SUCCESSFUL TRADERS UNDERSTAND The best traders rarely wake up asking: how can I hit my target today?. Instead they ask “can I execute my strategy as I’ve planned?” Some days they will make money, some days they will lose. Other days they won’t even trade at all. But over

WHY IT IS DANGEROUS CHASING THE TARGET Let’s say your challenge requires 10% and you’re currently at 7%, you’ll automatically start thinking “one big trade and I’m done”. Instead of you to respect and maintain the rule that got you up by 7%, you will do this; you increase your

FUNDED TRADER BOOTCAMP - Lesson 8 THE TARGET THAT MAKES TRADERS FORGET HOW TO TRADE imagine you’re taking a prop challenge and profit target is 10%. After a week of disciplined trading, you’re up 8%, just 2% left to complete your challenge and request for payout. Instead of

Nnaa ehh.😂

FUNDED TRADER BOOTCAMP Lesson 7 THE RULE THAT SAVES YOU FROM YOURSELF One thing I’ve consistently done since the beginning of this Bootcamp is teaching not just the rules but also, the thinking behind the rules. Imagine this. You wake up, analyze the market and place your

WHAT IS DAILY LOSS LIMIT? A daily loss limit is the maximum amount you’re allowed to lose in a single trading day. Once you reach that limit, your trading should stop for the day. Think of it as a circuit breaker. Just like your home’s electrical system shuts off to prevent a

LET’S USE AN EXAMPLE Imagine you’re managing a $100,000 funded account, your daily loss limit is 5%. That means once you’ve lost $5,000 in a single day, your trading day is over. It doesn’t matter if; tomorrow you’ll make it back, you see the perfect setup, you’re certain the

THE MINDSET OF A FUNDED TRADER As a retail trader you often think “I have to make my money back today” funded traders think “I’ll live to trade another day” and if you look at both statements, you’d notice there’s a huge difference. A funded trader understands that missing on

Supply and demand, always.

I don’t know if it’s just me but there’s something about hugging slim women.

The mistakes they never avoid is making these things public( though it can’t be hidden) But they will take him out for sure. Watch BTC buy till he gets liquidated.

THE BIGGEST MISTAKE TRADERS MAKE After two or three losing trades, many traders think they will just increase their position size and recover everything. That is exactly how drawdown catches people. One emotional decision becomes two, two becomes three, before long, you’ve

WHY DRAWDOWN EXISTS Let’s say someone gave you $100,000 to manage, Would they be more concerned about how much profit you make or how much money you could lose? Exactly… Any investor can tolerate a few bad trades. Very few can tolerate someone who keeps digging a deeper hole.

FUNDED TRADER BOOTCAMP - Lesson 6 THE RULE THAT ELIMINATES MORE TRADERS THAN BAD ENTRIES. Imagine two traders, Trader A wins 7 trades and loses 3, Trader B wins 4 and loses 6. Who do you think passes a prop challenge? Most people would choose Trader A. But here is the truth;