ICTFlashcardDrills

2021-12-22 18:35:12 Advice to new traders:

You’re not going to get rich quick.

Don't hop from system to system.

Have a planned exit for every trade.

Limit your loss to a fraction of your capital.

Your entry is only a small part of the equation.

The early years are for learning, profits come later.

- Rayner Teo Open / Comment

2021-12-22 14:30:50 When you realize it's a "numbers game," you curb greed altogether, and focus on the little numbers compound over time.

Play Infinite Games, only. Open / Comment

2021-12-22 13:50:12 When you know & fully understand what you should & should not do, you have reached a level of experience, that a book or mentor can not teach you.

The effects of study, practice and sound principles yield this...and there is no short cut in achieving it. Period.

You never fear missing moves, nor are you surprised when they unfold. Like the fact that every corner store has candy bars - because they have them & you can buy them...yet you don't.

You understand while they are sweet, they aren't good for you. You know there is no shortage of candy bars...so you understand should you want one...you know where to find one.

The same with optimal trade setups. Every minor move in the markets is like a candybar. We see them & know when they will unfold...but we aren't plunking down our money on every opportunity to bite into one.

Only the initiated will glean from this...

- Michael J. Huddleston Open / Comment

2021-12-20 16:01:47 The “hard” way is rarely harder in terms of daily effort, but it’s harder psychologically.

It requires:

- thinking long-term
- removing limiting beliefs
- recognizing the lure of status and approval
- trusting that small things will lead to big things

It’s a mental battle.

- James Clear Open / Comment

2021-12-20 14:25:06 GbpJpy. 1W.

How well is it for Retails Support and Resistance? Does it hold water now?
You decide.

Sit and watch as you see it smashed to the downside. Such fun. At least, you knew ahead.. ;)

Big figure, 148.000 is where your attention should be.

Internal Liquidity to External Liquidity, and vice versa. That's what moves the market around. None of those retail nonsense logic works. None. Open / Comment

2021-12-20 14:12:10 I said ahead..

The BAIT...

The Induction was the BAIT. The news driver propelled the induction. We knew ahead. We were not carried away by the News..

We got in on sells, whilst others go longs.

This is the real Smart money trading..not what you see around the majority of YouTube trading space..except from the G.O.A.T. himself, ICT.

Interestingly, I didn't trade this. Not in my category of pairs. I do just EU, and CJ majority of the time. No point jumping on this. Discipline.
The opportunities are enormous once you can SEE..

I got folks who got in on this.. Over 300 pips since filling the weekly SIBI. I got countless mails of "thank you Joe.." Thanks for the kind words you all. But, I didn't post this as a signal call, as much as for learning. Well, I know you can't stop people taking your bias (especially when they have come to trust you) right?

Enjoy the roll. Open / Comment

2021-12-20 13:55:51 GbpJpy. 1W.

Filled the SIBI perfectly well. and down we go. Open / Comment

2021-12-20 11:46:01 Pledge to yourself that you will do what you have to do, for as long as you must... and you will get it.

For as long as you must.

For as long.


Pledge to yourself my friend. Open / Comment

2021-12-20 11:45:03 In the beginning... you are so afraid you will miss out or ever make it.

This is normal.

Pledge to yourself that you will do what you have to do, for as long as you must... and you will get it.

It is a lifestyle... not a sprint.

Enjoy the process and transformation. Open / Comment

2021-12-20 11:13:15 Into The Fray...

That is what you chose, as a lifestyle... being a Trader.

You are entering a competition for profit, each and every time, when you engage these markets.

Everyone is your adversary, there are no team mates. Each of us want the better fill, the better price and before the next Trader.

This is war, this is battle... this is speculation.

Why are you surprised to discover that finding your unique battle plan and tactics is not so easy? You are expected to have both an incredible defense and formidable offense... or you die on the financial battlefield.

The most important weapon and defense is a sound mindset. Experience gifts those who endure over time... this attribute in financial warfare.

You can have the sharpest sword, the highest caliber rifle, the best scope for accuracy... and be as effective as a feather when cutting bread. You must have a sound mind or your arsenal will be left laying on the battlefield... beside your carcus as the vultures pick your bones.

How you think is how you will react. How you train is how you will respond. How you think, will determine your timing, engagement or how and when you remain still. Each have their own consequences and potential rewards.

Every new day offers an epic opportunity to claim a victory or sustain a wound or worse. Forge your mindset early and first... the rest is left in the hands of fate.

Now... prepare yourself properly. Trust your training and your defense. Glorious victory awaits the strong & the brave.

As you were... Open / Comment