PeetahLaw

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

Perfection is a mirage.

Just a friendly reminder; that boring indoor life you’re living is saving you from a lot of trouble and also saving you money.

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

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.

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

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

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

If you can wait 30/31 days for 9-5 salary, trust me you can wait for that specific high probability set up.

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

You can have 4.

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?