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Forex Boost ๐Ÿ•’๐Ÿ•˜

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Pinned

Trading is simply a numbers game.


Winning trades are part of your system. Losses too.


Today's wins and losses don't determine your success.


Forex Boost ๐Ÿ•’๐Ÿ•˜ Reposted

Truth everyone needs to knowโ€ผ๏ธ


What's being tested is your consistency, and not whether the system is functioning, but whether "you" are functioning as part of the system.

Do not use trading results as feedback on whether your system is functioning. If you followed the rules, both wins and losses mean "the system is functioning." What you should use as feedback is whether "you" followed the rules. What's being tested is your consistency, and notโ€ฆ



Forex Boost ๐Ÿ•’๐Ÿ•˜ Reposted

Winning in trading is momentary. The true winner is one who consistently follows the rules. The greatest trader's ability is consistency.


Trading becoming boring means you've understood and accepted your true role as a trader.


Trading is not a game of win or lose.


Forex Boost ๐Ÿ•’๐Ÿ•˜ Reposted

You chase happiness, I chase development. We are not the same.


This is "focus on the process" = "eliminate everything outside the process".

Why good trades are said to be boring ๐Ÿฅฑ๐Ÿงต Good trades are said to be boring. Why? โ†“Thread 1/6

samuraipips358's tweet image. Why good trades are said to be boring ๐Ÿฅฑ๐Ÿงต

Good trades are said to be boring.
Why?
โ†“Thread 1/6


โ€œIn other words, for those inclined to tweak their systems, it's often not the system's limitations but your own mental limitations being reached. It's not the system that's malfunctioning, but "you" as a component of the system.โ€

When I say, "Never tweak your system during a losing streak; maintain consistency," I'm often asked, "When do you determine if a system isn't working?" The answer is: during backtesting. Many traders try to determine whether their system works within the small sample size ofโ€ฆ



There is no 100% win rate strategy. Thereโ€™s just you being consistent with your strategy.

The holy grail is the trader 100% win rate strategy doesnโ€™t exists



So this is what they that you know youโ€™re there if trading becomes boring.

How I completely lost interest in trading ๐Ÿงต I'll explain how I lost the passion for trading that I had more than anyone else, how I lost interest in it, and how things started to work out as a result. โ†“Thread 1/8

samuraipips358's tweet image. How I completely lost interest in trading ๐Ÿงต

I'll explain how I lost the passion for trading that I had more than anyone else, how I lost interest in it, and how things started to work out as a result.
โ†“Thread 1/8


Forex Boost ๐Ÿ•’๐Ÿ•˜ Reposted

"In trading, everything works sometimes and nothing works always" ~ Ed Seykota


๐Ÿคฏ

Prioritize the rules above all else. The moment you prioritize winning or losing over the rules, you have abandoned the edge of the system. That's when you cease to be a trader. Good night๐Ÿ˜ด



Just follow the boss.

Redefine "Trader" ๐Ÿงต You are not someone who wins or loses in the trade in front of you. You are just an executor who checks if the criteria are met and clicks if they are. Five things to understand to redefine "Trader" โ†“Thread 1/7

samuraipips358's tweet image. Redefine "Trader" ๐Ÿงต

You are not someone who wins or loses in the trade in front of you.
You are just an executor who checks if the criteria are met and clicks if they are.
Five things to understand to redefine "Trader"
โ†“Thread 1/7


True!

Trading is worth the effort. Stay with it long enough and it will change you.



โ€œIn trading, losses are inevitable and cannot be avoided, but if your system has an edge and you can be confident that it will lead to profits in the future, then the losses that occur along the way become something you must pay for those future gains.โ€


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