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163 163  
164 164  )))
165 165  1. (((
166 +[[Day 10>>https://www.youtube.com/post/UgyIO2ktLyLtJkGc4AF4AaABCQ]] - While taking on the challenge of learning the fine art of effective analysis in Price Action, there are a few things to keep in mind.
167 +
168 +There will be a lot of theory in the development stage of your learning. It will seem like an ever increasing amount of moving parts. This is much like watches.
169 +
170 +If you want to wear a watch for the purpose of telling time, just about any watch will do. If you want Swiss Craftsmanship - this suggests that you care more about precision and quality... in telling time.
171 +
172 +To appreciate the precision of a fine Swiss Timepiece - you study the intricate placement of every small component. The artistry and masterful design of every facet inside the watch.
173 +
174 +Do you need a Patek Philippe to know what time it is? No. When you find the appreciation for telling time with class & precision... you choose Swiss Craftsmanship and it comes with a price.
175 +
176 +The price in knowing precision in Price Action is lots of theory and appreciation for the details. These are found in "boring, dry lectures". It only feels boring because you want the action points... the triggers... the signals.
177 +
178 +However, you need to understand how to anticipate the effects of many circumstances in the markets, before you can reasonably expect to have consistency in your skillset.
179 +
180 +This requires dedication & submission. Time is the currency required. If you bring a Casio level time investment to the table but want Rolex results - you will be disappointed.
181 +
182 +Precison is not required to profit. Sloppy analysis, poor executions on entries and exits; can still result in profits. How you endure these transactions of "time", is the difference between Casio level and Patek level precision.
183 +
184 +Do you feel anxiety or impatience in your setups or is it just another transaction you participate in? One that you studied intimately and understand the details or "craftmanship" in its logic and delivery?
185 +
186 +Or are you just looking for a "time" to push enter and hope it pans out for you?
187 +
188 +There is a difference and it is not founded on randomness or luck.
189 +
190 +Choose precision and experience artistry in analysis. You won't regret the effort and time invested, to acquire it. Then onlookers will appreciate the craftmanship of your skill, like that Patek receives and Casio won't be given a second glance.
191 +
192 +As you were...
166 166  
167 167  )))
195 +1. (((
196 +[[Day 11>>https://www.youtube.com/post/UgyYLnEzhdiVlqB-XXB4AaABCQ]] - It still works... and handsomely, I might add. Do not fear the uncertainty of the present. Wealthy people have wealthy tools that they will protect to keep them wealthy.
197 +
198 +Markets may see sudden adverse moves but these are opportunitites... not dismantling of the tool.
199 +
200 +Keep emotions out of it. Keep risk low.
201 +
202 +As you were...
203 +
204 +)))
205 +1. (((
206 +[[Day 12>>https://www.youtube.com/post/UgzEs6bykpEIcqsQv614AaABCQ]] - When a student endeavors to learn how to read Price, it begins with a Macro Perspective. This is not merely a Higher Time Frame Analysis but rather Seasonal.
207 +
208 +How a market tends to deliver during a specific time of year, is beneficial to the fledgling student. While Seasonal influences are a powerful tool in analysis, they are not a panacea.
209 +
210 +Although, Seasonals are not a "be all end all" silver bullet for Price Analysis - they do provide a general roadmap in many ways. However, in periods when a market tends to seasonally perform one direction but shows a divergence from the seasonal... this can hint at a stronger counter seasonal price event.
211 +
212 +A departure from the norm, in Price Action, tends to incite excitment in Price and opportunities. Far more importance should be placed on this area of your study, than that of entry patterns.
213 +
214 +It matters far less "when" you enter, if you have the underlying basis for a directional price run incorrect. This feels counterintuitive to the new student. They want to be a sniper and pop shots like an elitist technician. However, they don't consider the effects of seasonals on their "money shot".
215 +
216 +The secret to precision placement on your entries and low drawdown is rooted in being on side; being dialed in on your market. You get there by knowing the Macro phase first. Then reducing all your tools and navigation in lower timeframes with that premise.
217 +
218 +If the perspective is unchallenged or in essence "onesided"', you have optimal conditions... squeeze the trigger. When you don't, wait for a cleaner shot.
219 +
220 +As you were...
221 +
222 +)))
223 +1. (((
224 +[[Day 13>>https://www.youtube.com/post/UgzArQCC1vI153OmrT94AaABCQ]] - [[7500 thumbs up>>https://www.youtube.com/watch?v=BiRjR_kqBC0]] pays for the next video.
225 +
226 +No matter how long it takes.
227 +
228 +Enjoy the silence.
229 +
230 +)))
231 +1. (((
232 +[[Day 14>>https://www.youtube.com/post/UgwVf3YgG7CERxgLtSt4AaABCQ]] - Two Weeks into the new year, how are you doing with organization? Are you finding it difficult to stay focused on the task of journaling?
233 +
234 +If this is you, keep doing it. New habits take time to develop and then results will be measurable. Comparing your progress to when you were not trying... is a bit premature.
235 +
236 +It is much like doing squats your first few times. It is painful and walking stairs becomes next to impossible. It is easy to think, why am I putting myself through this? Is this pain worth it? Yes, yes it is. Suck it up.
237 +
238 +The things you are doing are going to elevate your ability to decypher Price. You have to adhere to processes early on, that will feel like dry and boring routines.
239 +
240 +These practices of logging observations in charts and marking up hindsight fractals, annotations of your remarks that are based on your level of understanding... all of it is crucial.
241 +
242 +Without this process, you will not have a measuring stick or baseline to evaluate your development. You want to have data, visual aids, actual evidence that your skill is indeed improving.
243 +
244 +Like squats, it only hurts initially, but months from now... you will see the results; that only feel like agony and pain inside early on. Keep pushing through.
245 +
246 +Over time, you will come to enjoy journaling Price and observations. This is the stage right before you start to see things before they unfold in Price. Then you will be an addict.
247 +
248 +You will not doubt yourself at that stage, you will laugh at naysayers that doubt you or your pursuit. It will become clear that those who try to detract and distract you from your goals... are a waste of attention.
249 +
250 +This will further increase your drive and focus... in solitude. Early on, your weakness and uncertainty will crave companionship. You will seek to be part of a tribe or pack and have a hive mentality. Avoid this... learn to walk alone.
251 +
252 +None of these chat rooms will actually aid you. It is like holding hands with an abuser. It is holding the problem and hoping it changes for the better and that you might benefit... but it never comes.
253 +
254 +Study alone, this develops confidence in yourself. You can do this, if you listen to me. You are all that is required. No one will push the trade execution for you, no one will enter your stop loss, no one will close your trades for you.
255 +
256 +So why are you inviting the illusion that people who know nothing about you or how to trade... will have a positive impact on your development? This is codependency and it is poison in trading. Stand alone. Collect the glory solo and share it with no one.
257 +
258 +It is you that busts your ass to learn this. It is you that grinds through, despite it being hard and long before results can be seen. You are the one who gets down to work with studying and doing what is necessary to succeed.
259 +
260 +Everyone else will be making excuses why they failed. Everyone else will be huddled up in chat rooms with an open outstretched hand, begging in silence for a crumb. They will starve, while you feast on opportunity.
261 +
262 +Do not feel compassion for them, they know what they are doing is not the way. They want an easy walk, a free ride to profitable living and it never comes that way. It is earned with pain and sacrifice - by doing without all the distractions.
263 +
264 +Only the strong survive here. Only the strong get it. The weak will talk nonsense, when it is too hard for them to stay on task and learn it. You are not weak, you are not entertaining fools. You have a vision of your life and you found your path to reach it.
265 +
266 +Stay focused on you. Everyone must fend for themselves. You eat by your own hands... you gather experience independently and this is a resource that is intimate and can not be shared or deposited into another. You, like everyone else, must bust their ass for it. Now get back to work.
267 +
268 +As you were...
269 +
270 +)))
271 +1. (((
272 +[[Making Money Moves With ICT>>https://www.youtube.com/post/UgyzvkNyEkyKRaBW23p4AaABCQ]]...
273 +
274 +Click the image to maximize.
275 +[[image:ICTYT-CornFutures-1.jpg]]
276 +
277 +)))
278 +1. (((
279 +[[Day 15>>https://www.youtube.com/post/UgzmGcW1CCCcwhYGMjV4AaABCQ]] - Change is coming... ready or not. Make yourself ready. Give yourself every advantage possible and purge every waste of time and money.
280 +
281 +Enjoy this weekend. Enjoy family. Rest.
282 +
283 +Next week may be eventful for all of us.
284 +
285 +)))
286 +1. (((
287 +[[What is a realistic goal for new Traders>>https://www.youtube.com/post/UgyhNO3LHxzHJZEw1SJ4AaABCQ]], that have discovered their unique model?
288 +
289 +2 to 3% a month, at first.
290 +
291 +When this becomes consistent, you aim for 4 to 6%.
292 +
293 +Gradually increasing over time... not rushing to make double digit percentage per month.
294 +
295 +Submit to time and experience will empower you to do well. You think this is slow and holds you back. It doesn't. It prepares you for the exponential effects of compounding.
296 +
297 +Compound interest is amazing and while it can be a fast elevation in equity, so can the downside be... on the opposite extreme.
298 +
299 +The time you think you wasted by going slow, will be made up for quickly; if you do it correctly. Rushing will only guarantee you get further behind and less net profitable.
300 +
301 +Just ask every Trader that rushed to live funds. It is the same story... same outcome. Those that are consistently profitable are the ones who went at a gradual pace.
302 +
303 +Do you think they care who thinks they did it wrong? The opinions of many, who aren't profitable, are useless. Follow the advice of those who do, can and will in the future.
304 +
305 +Instagram is not wealth instruction. It is fraud and deception and luring the unlearned into traps that neither their pockets can afford or their psyche.
306 +
307 +As you were...
308 +
309 +)))