Trader Β· Creator Β· Little Miss purple π Trading, relatable trader thoughts & life beyond the charts. TG β https://xitter.cf/t.co/guwrZYm4Ul
Joined July 2022
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Quick questionβ¦
Whatβs the hardest part of prop trading for you?
Passing Phase 1?
Passing Phase 2?
Staying funded?
Risk management?
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A Bamboo tree spends the first 2-4 years of its life growing underground without visible results. Then suddenly on the 5th year it spurs to grow 100 feet. The speed in which it broke through was a consequence of all the years creating the necessary roots to hold its foundation.
Some people actually come to the gym and scroll on their phone 80% of the time, then go home.π«ͺ
Iβve been observing this girl. Nne, you no get body goals?
The sooner you realize that news is your friend as a trader, the better for you.
If youβre on the right side of the market, news can accelerate your trade and help you reach your target faster.
But if youβre holding a counter trend trade, itβs often wiser to close before the news hits. You really donβt want to be caught on the wrong side of a strong move.
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A lot of people these days donβt even know what progress is anymore. They tend to define progress by how much theyβre making.
Look at you, you once didnβt know how to analyse the charts.
You once depended on that trading group you were added to and your friends for daily setups.
Today you can easily interprete the information on the chart independently, youβre way more disciplined than you used to be
Bro! Thatβs progress , thatβs growth.
Consistent payouts are only a byproduct of your ability to interpret the charts effectively, your ability to stay disciplined and your ability to follow your plan.
A kid doesnβt start walking the day he is born, never forget that.
ππππππππ retweeted
I think itβs time I put this here and pin it.
In this day and age, if your company is looking for affiliates who work purely on commission, I donβt think you should be sliding into an influencerβs DMs to recruit them.
Anyone interested in a commission only deal can sign up on your website themselves. Why approach me personally, ask me to promote your business, and expect me to do it without an upfront fee? Make it make sense.
If your company has no marketing or influencer budget, thatβs fine. Continue promoting your business on your own platforms.
Influencer marketing is work, and work deserves a budget. My influence, audience, time and platform are not free advertising spaces.
My time especially is money, please.
Pressure yourself like mad, but donβt forget: pressure makes diamonds, and it also makes pipes burst.πββοΈ
How are traders breaching their accounts within days of getting them? π«ͺ
Talk to me. Is everything alright at home?
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Every trading week tends to take one of a few shapes
I look out for 3 of them
And once you can tell which one is playing out, the week gets a lot easier to trade
1. Classic Expansion
The low (or high) of the week forms late Monday or Tuesday
Then price expands in one direction into Thursday and Friday
Once that early low or high holds and price moves away from it
The direction for the week is set
Simply trade the pullbacks, don't fight it
2. Midweek Reversal
Monday and Tuesday move one way and pull everyone in
Wednesday sweeps liquidity and turns
Thursday and Friday expand the other way
This is the one that punishes traders who marry Monday's direction
If Wednesday takes a key high or low and shifts, the week has flipped
3. Consolidation Reversal
Monday to Wednesday goes nowhere
Thursday breaks out, usually fakes one side first
Then reverses and runs into Friday
No forcing trades inside the range
Mark the high and low, let Thursday take one side, then trade the move back through
Now look at the weekly candle on the right
The wick is where the week trapped people
The early low, the Wednesday sweep, the Thursday fake-out
Notice something else
In all 3, Monday never gives you the real move
Monday builds the range !!
It sets the liquidity the rest of the week comes back for
That's why a lot of experienced traders are never in a hurry on Monday
They let it build, then wait for the week to show its hand
You don't need to predict the profile on Sunday
You need to recognise it by Tuesday or Wednesday
And stop fighting it
This weekend, pull up the last 4 weeks on the pairs you trade
Label each one
You'll start seeing them everywhere
Study π
ππππππππ retweeted
I just felt something deeply in my soul.
If not for anything else, lock in for the sake of your parents and the people you love. Life is incredibly fickle , you can never predict when an emergency, an unexpected problem, or a serious health situation might arise.
And when that moment comes, how much help can you realistically offer if you have nothing to fall back on?
My guy, even if itβs just to be prepared for those surprise emergencies, lock in. Build yourself to a point where, when life inevitably happens, youβre not completely helpless.
ππππππππ retweeted
Price hit my 4H key level, reacted, then spent days ranging before pushing higher.
The lesson? A setup doesnβt become invalid just because it takes time to play out.
If the structure is still intact, let it breathe.
$usdjpy
