PeetahLaw

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.🥂

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

Reason 2 - They Try To Pass Too Quickly This one right here, is one of the biggest psychological traps. A trader has a 10% profit target, instead of thinking “I’ll take quality trades till I hit my target” they think “I need to make 10% as quickly as possible” That changes

Here’s a challenge for you Before your next trading sessions, write down these five things: 1. My maximum risk per trade is___ 2. My maximum number of trades today is___ 3. If I lose ___%, I stop trading. 4. If I reach ___% profit today, I stop trading. 5. If I feel the urge

THE THREE VERSIONS OF YOU When you trade a prop challenge, there are basically three versions of you; 1. The planner Before trading, you’re calm, you know your risk, you know your setups, you know when you’ll stop an everything makes sense. 2. The Trader Now the market is

FUNDED TRADER BOOTCAMP- Lesson 10. WHY TRADERS FAIL PROP CHALLENGE You don’t usually fail a prop challenge because you don’t know the rules. You fail because you abandon them when emotions get involved. You’ve learned the rules, you know what drawdown means, you understand the

Today, we resume our Bootcamp with Lesson 10. If you are not following these lessons, you’re missing out on knowledge that would guide you as a traders and also make you profitable. A lot of traders in the space partner with prop firms and start talking their community into

If you understand the rules, why do you still fail?

FUNDED TRADER BOOTCAMP- Lesson 9 THE DAY YOU MAKE TOO MUCH MONDY CAN HURT YOU Imagine you’re taking a prop challenge and your target is %10, you spend several days trading patiently, then one day you catch an incredible move. You make +7% in a single day, you’re exited, now

The Profit Target vs. Consistency If you could remember in lesson 8, we talked about why chasing profit target can make you abandon your process, consistency rules reinforce that lesson. Imagine your target is 10% and you make 8% in one day, now you’re tempted to make another

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