👉cómo salir de la carrera de las rata” y construir nuestra libertad financiera: .
•Edúcate financieramente: La diferencia más importante entre ricos y pobres es la educación que reciben acerca del dinero.
•No compres lujos hasta haber construido activos suficientes para poder pagarlos: Los ricos primero invierten y después gastan. Los pobres primero gastan, y si les queda dinero, lo invierten.
•Tus dos activos más importantes son tu tiempo y tu mente: Una mente bien entrenada puede crear enorme riqueza.
•La diferencia entre los ricos y los pobres radica en cómo invierten su tiempo libre.
•Cada dólar puede hacer la diferencia: Los hábitos determinan el futuro financiero de las personas. Cada dólar que pasa por tus manos tiene siempre dos opciones: Convertirse en un activo o terminar siendo un gasto.
•Invertir no es riesgoso: Invertir no es riesgoso, el riesgo es no estar educado financieramente. La inversión tiene el poder de hacer que tu dinero trabaje para ti sin que tú tengas que trabajar.
•Un activo te da de comer aunque no trabajes: Todo lo que tienes que saber es que un activo pone dinero en tu bolsillo y un pasivo extrae dinero de tu bolsillo. Para salir de la carrera de las rata, pasa tu vida construyendo activos.
•Tus ingresos deben ser más altos que tus gastos: El ingreso proveniente de tus activos debe ser más alto que tu total de gastos. La clave está en administrar los activos, un porcentaje de tu dinero le corresponde a tus activos.
This is some analysis that played out perfectly, as you can see from the before and after shots. We didn’t send the signal as the pair was consolidating and we missed the breakout due to focusing on other pairs at the time. However, some people did use our analysis to enter their own trade as we recommended and profited highly from it.🔋💯
Sometimes you just need to zoom out and look at the bigger picture.
24 4582 days ago
Thursday has been a productive day for me
I have watched 4 trade recaps and a few mid-week market review just to get more information
I did backtesting as well and also thank you for @michaelbamber for giving me advice for improving my backtesting
What a great day today! Hope you all having a great week guys and girls and let's all capitalized!
I hope you already understand the importance of having goals in life. So, I won’t start quoting Tony Robbins for you, but I will mention some specifics that help you set realistic goals to help your trading.
Ok. Seriously now.
Keep a trading journal
Every time you open and close a position, you must make an entry in your journal. Note down the criteria used to enter and exit the trade as well as any observations made along the way. When you write it down, not only are you creating an invaluable resource for you to measure and track your progress, but you’re training your brain to think mechanically, which is the most important part of trading.
Never set a growth goal!
I often see new traders targeting a set number of pips per day, or a certain percentage return per month, however, You can’t take more than the market will give you. Sometimes the best trading decision you make is waiting. Setting yourself a defined growth goal will force you to trade in unfavourable conditions.
You are in total control of your success
This leads on from the previous point – You can’t control the market. However, you can control how you react to it. If you trade the strategy correctly and record each decision, then you’ve succeeded. No strategy will make money all the time; it’s simply the nature of the markets and why I don’t suggest you tie your goals to your short-term performance. However, if you stay true to a winning strategy and don’t make emotional decisions, the profits will come.
Before you start anything, you need to understand the intended destination and have a clear path in your mind on how to get there. Things happen, your plan will change and that’s ok. But you need that initial road map if you stand any chance of succeeding.
To quote one of my most loathed clichés “If you fail to plan, you plan to fail”.
So you want to live the dream? Trade full-time, in a pool or on the beach, from anywhere in the world.
The desire for freedom and financial independence is why many of us start trading.
How wonderful it would be to tell your overbearing boss to sod off, sack the annoying client who calls you at 8 pm on a Sunday and say sayonara to that moronic trainee who won’t get their head out of their phone.
Just you, a laptop, and the charts.
Now that you’ve peered over the fence at my luscious green grass, let me educate you on what it’s really like (while I relax on my sun lounge, sipping an ice tea). There are thousands of us around the world right now. Trading for a living and making a real difference to our financial wellbeing and the lives of our family through the rewards and flexibility trading provides.
It is possible. You can trade full time and quit your day job. But it ain’t always easy…. Here’s how you do it.
It might sound obvious, but I know traders who took the plunge in the expectation that dedicating full-time effort would result in profitability. Don’t do this.
Build a profitable track record of 12+ months (preferably longer). Start trading as though your life depended on it today, and if you can make money over a 12 month period without a major error/loss, you might be ready.
Keep in mind that you’ll likely be tempting to take unnecessary risks and overexpose your account because you have your job to fall back on. But remember, as traders we’re always one poor decision away from disaster. Stick to your strategy, cut your losers and live to fight another day.
Don’t hold losing trades for more than 3 days. “The elements of good trading are (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these three rules, you may have a chance.” – Ed Seykota
13 20162 days ago
Hostel and trade 🤙🏼👨🏻💻
Unfortunate for me I had poor internet connection when I had eyes on EU the other day for this long!
I'm not all that bothered by it though as it's been insane in the markets the past while with opportunity after opportunity being presented to us.
I used to stress over missing trades that I'd predicted ahead of time... it was the most frustrating feeling knowing that I knew something but never acted on it. I have to say that learning the @falcontradingguidance style has helped with that beyond words.
I can now pull up my watchlist and spot 2-3 setups on any given day that i'll more than likely consider putting orders on. The setups are there. The opportunity is there. Just make sure you put the work in up front so you know how and when to put those setups on 🙏🏼
I'm off North to Pai tomorrow on a scooter ✌🏼 Honestly can't wait to see the Thai countryside. Hope you're all doin well and I'll chat soon!