I just saw this posted by @SaintSovereign concerning the upcoming R.I.C.H releases, including RICH Trader and why they have slowed down the release and also updated the new listening protocols
Woo hoo. I’m literally a few months away from being ready to run the new RICH trader because I’m doing serious work on my core, but this is exciting news indeed.
Amen to that. I knew it had to be something really good that they decided to rewrite the script (it was mentioned before Christmas that it was finished and they needed to write the copy).
I am new to SubClub but also know that they’ve been working towards ZPU for a while. Add that with the new scripting technology and man, we will certainly be eating good with the new RICH Trader.
This is the second time in the last couple of weeks that @SaintSovereign has mentioned a stack with the upcoming RICH Trader, and this is the stack that I will most likely use when I start using RICH Trader in a few months.
One way to further filter subsequent operations is to use the 5 and 20-period moving averages.
So, observe the H1(daytrader, scalper), daily(swing) chart, then H1, m15, m5, and so you can enter M1, going down and visualizing the entry point. To maximize accuracy, you can enter only buy or only sell, when you are below or above the moving averages.
A very basic and powerful filter in the long term.
Yes, I usually only look at the M15 and M5 timeframes and then enter the M1 timeframe, leaving the charts open in MetaTrader 5.
I trade the XAUUSD and NASDAQ assets, which are well aligned in terms of volatility.
At the market opening or in NY there are always good entry points; depending on your strategy, you can filter even further to achieve success.
Do your research, regardless of what they say about moving averages, whether it’s the 50, 200, or 20/5. It’s just an idea they throw around, and we don’t know why they said that about the 50-period moving average, since it’s a complement, and we should create our own strategies and model them in our own way.
Alright, everyone! We’re in the homestretch now, and as such these thoughts came to mind.
Growing up, my father often told me the following: “People don’t plan to fail. People fail to plan.” Needless to say, this is crucial to both the financial markets and subliminal usage alike.
So I’m curious. What are the ways that you all are planning to use R.I.C.H. Trader to optimize your success?
Whether it’s to keep it in your stack for X amount of cycles, months, years, etc. or to incorporate more trading specific journaling in your routine, let’s do our best to ensure we get the most out of our efforts.
For me, I’ve identified that stack-hopping prevents me from integrating the long lasting beliefs and behavioral changes that I want in life. The times that I’ve kept a stack the longest are the times where I’ve had the best, most ‘permanent’ results. Therefore, I’m considering embarking on a long-term stack (months to a year+ ideally) to solidify my trading and financial goals. Crown & Capital and R.I.C.H. Trader will be the main drivers of this stack, as I know many others here have talked about.
Perhaps it’s Crown & Capital that has me more eager to plan long-term (and to follow-through on that plan), but I’ve spent too much time skirting around what I want and not enough time going towards my goals fearlessly.
So let’s persist when we feel like giving up, and support each other as we add this sub to our stacks. Through ups and downs, we got this!
I’m still figuring out which stack to run next, but I’ve been thinking similar to you in that I want to create a stack (or at least 1-2 customs within it) which I can look to run for 6-12 months or more.
I’d also add that I think I had fallen victim to shiny toy syndrome and/or FOMO, and was just running too many cores at once across my stack, and seeing little change or progress as a result, despite running the same stack for 4-5 months.
So my thinking for my next stack is lean and keen lol.
For me, running RICH Trader alongside Limitless: RAIKOV seems like it should be fire
But you know, slots and keeping it lean and stuff… and for me, running new Paragon is non-negotiable… so yeah…