Could Bitcoin be traveling into and UPtrend? It seems so for nowThere seems to be a new transition happening to the upside
Its still early however it does seem that way for now
I've opened a trade on my paper trading account to see whether that is the case, as having an open position has a lot more investment from an attention element than sitting on the sidelines would...there's something about being 'on the field' thats magic
I have opened up a Long position with 1:1 risk reward ratio which is said to double my position size. Stop Loss is in place, daily and max limit drawdown is considered ... all is set for my trade to do its thing
I have not opened up a real account trade as yet as I would like some more confirmations on the uptrend before doing that. And I need to refresh the rules of having a trade open over the weekend before doing so
See ya next week
Mtops
How to minimize being dominated by FearSpoiler : its gratitude
I've gone through many emotions whilst keeping this position open, especially when seeing the PnL shrink
I lost sleep, exhausted my brain and felt many repetitions of the feeling vertigo
I had to get my mind right, so I took my problem to the forest and ask the divine intelligence Gods to guide me
They taught me that the best way to minimize fear is to be in a state of appreciation
that's not news to me so I then asked, how do I apply appreciation (given the law of familiarity makes listing things I am grateful for very boring)
And their answer was to unfocus the eyes and appreciate 'every' individual element that made up the togetherness around me
To make that more realistic (hard to focus on every single individual thing) they said to see the light and the love in the energetic web (which is why I assuming we gotta unfocus our eyes)
I did it and it WORKED
I am grateful for so much again. Opportunity to trade, etc etc
These sharings of mine are from a real person in real life circumstances. So feel free to absorb any value that you may find relevant
Writing up a contract with yourself. Preparation for new accountThe video cut before I populated all of my 'Contract with myself' Attributes were entered in.
Feel free to create your own.
Here are mine to help your creative flow:
Approach
Balanced Strategist
Supportive network
Resilient
Long-term focused
Humble
Calm
Adequately aware
Balanced response
Prepared with a structured plan
Can unwind
Realistic view of markets, understands market inactivity
Disciplined personality
Calmly engaged
Controlled excitement
Driven by strategy
Understands that opportunities are selective
Balanced curiosity
Reviewing charts strategically
Check charts out twice a day
Enlightened by the discipline of trading
Honoring the process
Patient with chart moves/setups
Respect the process
Maintain a consistent position
Prudent
Rational position size
Optimal frequency
Monitor the trade
Close as per strategy
Stop Loss properly set
Satisfied with a win
Content with fair outcomes
Impulsive
Respond appropriately
Balanced attention to the chart
Maintains positions as per strategic objectives
Emotional
Sticks to strategy, even if profits are tempting
Acknowledges fair value
Setting up MetaTrader for Prop Firm Trading. And why I did it I've been focussing on coding Ai to trade on my behalf and therefore haven't been trading
In realizing that I would need a track record of the Ai to beat I decided to get back on the markets. So I moved some funds around and started trading on a Crypto exchange where I would put my own money into the trade.
What a f#$@%$ headache that was.
Personal exchanges are there to make money for themselves as priority, and only kinda be there to facilitate your trades. Typical crypto exchanges (maybe others too) are unethical as well as unnecessarily complex.
As you've heard I took a 38% profit, which took a long time to make, and because their contracts section forced me to buy Bitcoin to put in the trade..even though I made a profit, the overall amount decreased in value, essentially creating a loss. Grrr!
So to hell with those gross exchanges and back to trading OPM (other peoples money)!
In this video I'll show you how I have my MetaTrader 5 set up.
I'm just waiting for the account login details to arrive and I'll that fully set up soon and ready for action asap
Welcome to the real world of trading
Live Trading, No Room for BullSh*tIn this announcement video I chat about joining 'The Leap' trading competition
In light of Monday's video, I am going to document what real world trading for a living looks like, to help those who are looking to change their lives but unsure of what it truly takes to make a living from the markets
I also am going to take the best of this month's footage and create a paid course from it
The timing of this is perfect for my man versus machine idea, as for there to be something to measure against, there needs to be a measurable record of what a human can do.
I also spent the time of digging deep to who I want to become and who I want to move away from (I suggest you do the same)
Tight Stop vs Loose Stop Loss, and where to set eitherIf you've been in the world of trading for a while you would've come across the heated tight SL vs Loose SL debate.
Unfortunately most traders don't know where to correctly set either
In this vid we cover that as well as the topics:
> quick intro to prop firms
> how to restructure a condensed market
> other stuff
A live example of why not to counter trend tradeNot a long video, but in it a quick reminder of a recent example of why not to trade every market move
Trading with trend you can enter late and exit early and still be profitable
If you chase every turn on the market, moves such as the last 24hrs could torment ya
(and yes I played a tiny bit of Linkin Park for no particular reason lol)
Downtrend Continues. Lets chat about mindset todayAfter getting back onto TradingView to do some more daily market updates (which wasn't the plan) I put less effort into the market setups as I'd gone over to the otherside of the progression curve.
Students have the same thing happen to them once they have gone beyond the honeymoon period and then into the management of their patience and discipline rather than absorb more exciting breakthrough live changing material.
During the symmetrical triangle non-trade period over the last few weeks I didn't have anything to prove, so my level of action wasn't on the same level as it would have been when trying to prove a point. This means I got lazy on looking at all the options and also did not consult the lower time frames to consider their structure etc. I am saying this because all students will eventually get to this point themselves.
So to deal with my emotions I went into wild nature and asked the 'nature gods' to guide me, and they did. I was reminded of what got me through the mental struggles, the emotional struggles, the physical struggles and all the struggles. And for me, that was packaged into 2 powerful-to-me words "I win". And for anyone who knows my story, you'll know the endless challenges I have overcome.
If you have been wobbled by life, ask yourself "what is unique to me which powers me through" and use that to be at the forefront of the game!
Much love!!
How to spot a symmetrical triangle, and why it mattersToday we chat about a range of topics
> why not to trust convenience or black box solutions
> why exchanges aren't your friend (and your capital is)
> why scaling is so important to geometric forecasting
> how to spot a symmetrical triangle and what it means to you (aka you're not allowed to trade during a symmetrical triangle
> market structure & trend recap
Trading lessons on real live market action. Killzone, trend...today's lesson & update will work best with yesterday's video on market structure.
It also highlights the importance of solid rules to trade with, in this instance it is:
trade with trend
wait for price action to exit killzone
use demo accounts to learn a new skill, not real money (until your results prove that you are ready)
Note the new market structure. Watch video post for explanation Yes I'm strapping in for the hater comments, I get the frustration
The thing about a ranging market (higher risk) is that its difficult for everyone
What is important during the periods of frustration and uncertainty is knowing how to protect your capital and to know what to look out for.
Trading from confirmed turning points, and trading in trend is the best way to remain in the game
I have restructured the market's high and lows on the 128min, please watch the video post for the explanation as to why, as well as the tips and tricks to prepare yourself for future market conditions which challenge you in the same way
Walking out from the washing machineI'm sure I'm going to get some bad press about the market now going up again...
Ranging markets are tough for everyone, its how you handle your account during the periods of uncertainty that matters
I'm exhausted by seeing the market going up, so I'm personally shocked that it has the energy to do so...alas, its going up
So for those who sold to cash, congratulations on locking in the profit, being responsible during the period of market reshuffle, and enjoy the Long positions to come (until the trend is over)
Its good to be right on (almost) every market move. Learn 4rm meFor those who have followed the updates, you'll see how I call the market moves before they happen...that's not easy to do, and it took years of experience to do it
If you want to save yourself time (years) and money (losses) then reach out to me and learn my ways
Have a great weekend
Use the MTOPS Rules to ensure you enter your trades responsibly As I've been saying for days, the downtrend is continuing
The 3rd high has formed prematurely (imo) so expect some weird market moves as it attempts to shift itself into a 'responsible' structure one more
As always, don't rush in. You don't need to chase trades like the masses do, you can hand pick the quality setups
It turns out the market was repositioning itself for DOWNat the end of last week I said to be aware of consolidation coming in with a major market move to follow. That's exactly what happened, only the market went down (thankfully) instead of exhausting itself further on the up
Full explanation in today's longer than usual video
Easter Weekend Calm: BTC's Quiet MarketAs we approach the Easter weekend, the Bitcoin market anticipates a period of lowered liquidity, signaling a time for traders to step away from the screens and embrace the holiday spirit with family. This seasonal slowdown presents a rare moment of respite in the otherwise bustling world of crypto trading, offering a reflective pause for strategic planning. It's an opportune moment to reconsider positions and prepare for the market's next phase, aligning with Gann's principle of market timing and the MTOPS strategy's focus on pivotal market transitions. Join the waiting list for the MTOPS AI, and equip yourself for when the market resumes its pace.
Bitcoin Ascends Again: Profits for the PrudentBitcoin's trajectory takes a positive turn, signaling an ascent to the upside as anticipated in our latest analysis. The market demonstrates resilience, offering promising opportunities for growth. For those who heeded our advice in yesterday's update, the strategic positioning has yielded profit without incurring losses, underlining the importance of timely and informed decision-making. Utilizing Gann angles and the MTOPS trading strategy, we continue to navigate through the market's ebbs and flows with precision. This momentum is a testament to the strength of following well-founded analysis. Ensure you're part of this journey by joining the waiting list for the MTOPS AI, enhancing your trading strategy with our cutting-edge technology.






















