IRANFOREXTRADERS
Voice message
If you only had 10 dollars to your name to invest. If you worked hard to build a skillset to make 10 pips a day and raise 1% a day... would you be content?
I have a challenge for you... Try it for 1 year. Can you be deciplined to stick to it? 10 pips per day risk 1% to make 1%. 10 dollars starting balance. Paper trading of course. If you can't stick to this, what makes you think more money will make it easier?
Didn't like that one huh? 😁 I'm challenging your thought process. You felt put off didn't you? Like it was an insult... but yet it wasn't. Expectations & false sense of assurance gives most the illusion it is easy mastering Oneself... when it is the single most difficult task
Change your perception of what you think you "need". Right now you have 75 pips a week. Or perhaps 50 for the week. Maybe some of you are 100 pip Aces for the week. Why not 10 pips a day for starters? Surely this is easier to harvest than a single 75, 50 or 100 pips in 1 go?
Set the task before you at a height that requires little effort for you... versus trying to raise the bar so high it makes it personally impossible for you to achieve it. Think...
Now apply the discipline that you develop & patience in this challenge to a 5000 dollar account or 10k. What we are saying here is a 22% compounded return monthly. Doing next to nothing. Risking next to nothing. A 1 min or 5 min chart and 60m framework is all you "need".
Trading is simply an internal wrestling match with ego, fear, greed and an endless pursuit of significance... wrapped in a mathematical expression that each of you can answer... When "Self" is mastered. The rest is just math.
Every pretender out there plays the con job of making thousands of pips. I want you focusing on the least in pips... and do better than they lie about doing. Some of you attend college or worked a 2nd job. How many years have you or will you?
Accept this journey will require the same time you were willing to put into your degree or the 2nd job. You didn't wrestle with those tasks or the time required for each... but they both leads to working for someone else. If offering you an escape to all that... but still work.
It takes less time to reach your career salary hopes with 22% per month compounded with any starting balance. However... you aren't limited to that either. Less is more... low hanging fruit is good eating. Make it easier on you. Devote the required time & work. It will come.
That is how I am teaching my Sons in all honesty. Experience will guide them in the direction of more when its appropriate for them. 10 pips a day. 1% make or take, better or worse.
Is it a image flaw or indication of less prowess if your model is framed on a 10 pip model? No. Let them work hard & sweat in those 100 pip swings while compound interest does your heavy lifting. Velocity wins all money races.
The real thinkers will get it... Be safe... & enjoy the rest of your day. As you were...
1% on 10 pips per trade/day In a month that is 22% In time your experience will show 10 setups a day/22% per day. Not everyone will reach this height but the view is stunning... at 4.5%
#ICT
I have a challenge for you... Try it for 1 year. Can you be deciplined to stick to it? 10 pips per day risk 1% to make 1%. 10 dollars starting balance. Paper trading of course. If you can't stick to this, what makes you think more money will make it easier?
Didn't like that one huh? 😁 I'm challenging your thought process. You felt put off didn't you? Like it was an insult... but yet it wasn't. Expectations & false sense of assurance gives most the illusion it is easy mastering Oneself... when it is the single most difficult task
Change your perception of what you think you "need". Right now you have 75 pips a week. Or perhaps 50 for the week. Maybe some of you are 100 pip Aces for the week. Why not 10 pips a day for starters? Surely this is easier to harvest than a single 75, 50 or 100 pips in 1 go?
Set the task before you at a height that requires little effort for you... versus trying to raise the bar so high it makes it personally impossible for you to achieve it. Think...
Now apply the discipline that you develop & patience in this challenge to a 5000 dollar account or 10k. What we are saying here is a 22% compounded return monthly. Doing next to nothing. Risking next to nothing. A 1 min or 5 min chart and 60m framework is all you "need".
Trading is simply an internal wrestling match with ego, fear, greed and an endless pursuit of significance... wrapped in a mathematical expression that each of you can answer... When "Self" is mastered. The rest is just math.
Every pretender out there plays the con job of making thousands of pips. I want you focusing on the least in pips... and do better than they lie about doing. Some of you attend college or worked a 2nd job. How many years have you or will you?
Accept this journey will require the same time you were willing to put into your degree or the 2nd job. You didn't wrestle with those tasks or the time required for each... but they both leads to working for someone else. If offering you an escape to all that... but still work.
It takes less time to reach your career salary hopes with 22% per month compounded with any starting balance. However... you aren't limited to that either. Less is more... low hanging fruit is good eating. Make it easier on you. Devote the required time & work. It will come.
That is how I am teaching my Sons in all honesty. Experience will guide them in the direction of more when its appropriate for them. 10 pips a day. 1% make or take, better or worse.
Is it a image flaw or indication of less prowess if your model is framed on a 10 pip model? No. Let them work hard & sweat in those 100 pip swings while compound interest does your heavy lifting. Velocity wins all money races.
The real thinkers will get it... Be safe... & enjoy the rest of your day. As you were...
1% on 10 pips per trade/day In a month that is 22% In time your experience will show 10 setups a day/22% per day. Not everyone will reach this height but the view is stunning... at 4.5%
#ICT