🧵 THREAD: How much time does it require to go from 0 to profitable trader?
The short answer is: At least 1 year regardless of your intellect.
(1/x)
The short answer is: At least 1 year regardless of your intellect.
(1/x)
Every trading year is divided into 4 quarters.
Q1- Jan/Feb/March
Q2- April/May/June
Q3- July/August/September
Q4- October/November/December.
Each quarter has its own price action, either a range or a trend.
You need to live each quarter and observe it closely.
(2/x)
Q1- Jan/Feb/March
Q2- April/May/June
Q3- July/August/September
Q4- October/November/December.
Each quarter has its own price action, either a range or a trend.
You need to live each quarter and observe it closely.
(2/x)
The HTF price action will play a role into the lower timeframe action.
In a trending quarter, there will be less retracements.
In a ranging quarter, there will be less large moves and more chop.
The ability to identify the difference between the two is crucial.
(3/x)
In a trending quarter, there will be less retracements.
In a ranging quarter, there will be less large moves and more chop.
The ability to identify the difference between the two is crucial.
(3/x)
.. is crucial and is what differentiates the beginner from the experienced trader.
This cannot be taught.
It can only be experienced by watching the charts closely and deliberately during an entire trading year.
(4/x)
This cannot be taught.
It can only be experienced by watching the charts closely and deliberately during an entire trading year.
(4/x)
Understand this, trading is divided into two parts:
1- Analysis.
2- Execution.
Both are two different worlds.
Both can be taught in theory, but have to be actively learned by the disciple in order to reach mastery.
The latter has never been taught before online, ever.
(5/x)
1- Analysis.
2- Execution.
Both are two different worlds.
Both can be taught in theory, but have to be actively learned by the disciple in order to reach mastery.
The latter has never been taught before online, ever.
(5/x)
In summary:
-Step 1: Stop flip flopping around like a fish out of water and Pick one mentor with a proven strategy.
- Step 2: Live the entire trading year under their guidance, and eventually it will click.
I promise it will click.
But only if you complete Step 1.
(6/x)
-Step 1: Stop flip flopping around like a fish out of water and Pick one mentor with a proven strategy.
- Step 2: Live the entire trading year under their guidance, and eventually it will click.
I promise it will click.
But only if you complete Step 1.
(6/x)
If you reached this part of thread without skipping, good job on not being an ADHD ridden 5 second attention span TikTok brain bot.
Remember; if you don’t comply with the two steps above, this trading thing is a giant waste of time. Might as well go to the casino.
The end.
Remember; if you don’t comply with the two steps above, this trading thing is a giant waste of time. Might as well go to the casino.
The end.
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