Update on Emperor The Art of War regarding trading.
You can know all the theory you want regarding the market, if your execution is poor, you’ll lose money.
On a side note - for this goal, I’ll stack GLM, AoW and Regeneration.
Update on Emperor The Art of War regarding trading.
You can know all the theory you want regarding the market, if your execution is poor, you’ll lose money.
On a side note - for this goal, I’ll stack GLM, AoW and Regeneration.
I suggest these ideas for the R.I.C.H Trader Subliminal:
• Effects for prop firm traders, since trading and getting payouts from prop firms requires more discipline than trading your own capital
• Focus on becoming a successful prop firm trader across Forex, Crypto, and Futures
• Include Anti-Tilt mode and strong mental toughness to handle emotions and maintain discipline
• Help with trading psychology — staying calm, confident, and consistent under pressure
• Ability to grow prop firm payouts into more wealth through smart reinvestment and financial wisdom
• Continuous daily improvement as a trader, becoming sharper and more skilled each day
• Develop the skill to read price charts bar by bar, similar to Al Brooks’ methods (from the book Reading Price Charts Bar by Bar by Al Brooks)
• Understand why certain patterns form, which setups are reliable, and how to spot entries and exits in real time
Good ideas, everyone. Keep 'em coming.
For those who use automated trading bots, what kind of scripting do you need for success?
@Akin – noticed you mentioned this in your journal.
ability to craft profitable trading strategies
ability to properly backtest the data (without overfitting, etc.)
ability to code those strategies into a bot lol (my biggest problem is that I come up with strategy, start coding it and realize that a big chunk of that strategy wasn’t properly defined and a lot of it was intuitive; things I didn’t really consider)
risk management
Back when I was building automated forex trading, it was difficult for me to translate certain chart patterns into strict black and white definitions that can be used.
finding the perfect tool too (tool, language, ressources, price)
Features for understanding and making the most out of…
So, most of my experience with trading bots came from products I bought from other people — they were already built, so I didn’t really have a clear framework for what to analyze. Honestly, my skill in that area is still quite low, and I think that led me to get involved in some things without really knowing what I was getting into.
I just wanted to find a strategy that worked, someone genuinely honest, willing to share what works for them (for a price), and able to offer real support since I was buying their product.
Maybe that was a bit naive of me? Maybe.
But those who create bots and work with quantitative analysis need different skills and resources (powerful computer, for example). They constantly test and adapt strategies, build portfolios for various market conditions, analyze data, form hypotheses about price behavior, backtest models, program trading bots, etc. Like a different skill set.
accurate insight from dreams with dates to buy, sell, or hold. knowledge and intuition from higher self / omni present beings
Money management (how much of one’s account to risk on any one trade)
Accurately calculate the risk to reward.
Accurate placement of stop-losses.
Maximizing one’s profit on any one trade, as well as minimizing risk.
Examples of intuition:
While candle analysis is great, while the candle is forming, it might be hard to know what the end result will be. Predicting the formation of candle.
Is it a flag? Pennant? Etc. Again, hind-sight bias is great of these chart patterns, but while they are forming, they can be ambiguous. Predicting what is forming with the chart patterns.
Does anyone use (or know of) a reputable simulator for trading?
TradingView or Market Watch
The best platform I used for paper trading used to be Think or Swim platform when it was under TD Ameritrade. They were bought out by Schwab and I can’t access it anymore. They don’t do accounts for my country, only US I think.
CTrader has a great back testing tool and really good for paper trading.
Not sure I understand proprely, most broker have the possibility to open a demo account and use different software (such as CTrader, Mt4 or mt5, which are popular for Forex traders).
One that I’ve used that has a great free version is fx replay
a bit of a far fetched idea
Another lesson from seduction subs :
Keep trading playful, see it as a game.
Have fun while trading, being light hearted.
Always better for success
Especially when you want to be in the flow!
Same with seduction!
Something correlated to seeing trading as a bigger business, instead of seeing it as a ‘one-man business.’ I don’t know exactly how to put this, but something that helps the user see trading as a business, a living organism, and not just as a reflection of themselves.
In the sense of being able to plan future growth and follow short-, medium-, and long-term strategies. Something that helps them find and faithfully follow a growth strategy without constantly putting themselves and their own feelings into the equation.
Well, when I’m trading, a lot of focus is required. In that process, it’s likely that some noise or distractions from the mind itself will trigger thoughts and take you away from the moment of trading, so that’s already a significant mental drain, until the focus returns, you start again, and this loop can become something that paralyzes us.
Focus, total attention to the here and now, mental energy and constant flow when we are trading.