Alpha Circle Nsukka | Charts, Psychology & Market Discussions

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@mitchei_1 - 21 hours ago

What's the biggest difference between a profitable trader and someone who is simply lucky?

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@promisefx - 21 hours ago
Quoted - chijix

Yes some people can be desensitized from experience and habitual winnings, but often a times they have something that drives them

Exactly ma bro

That's why in forex, they is a sayings that previous win or loss doesn't guarantee currently win or loss

I no know wether una understand

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@promisefx - 21 hours ago
Quoted - mitchei_1

What's more important: having a high win rate or being able to follow your system consistently?

Baba being able to follow your system chief

Omor that thing save me die for my first ever prop firm account

See make I tell you there's noise in this space that will make you break your rule multiple times

That why you will hear some people say lock-in, and unfollow everybody

They are saying this so that you would focus on your system no distractions

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@promisefx - 21 hours ago
Quoted - mitchei_1

What does "being patient" actually mean in trading?

Being patient means, waiting for your system to play out completely before exciting any trade

But most people confused being patient and being scared together

Now stay with me let me break it down,πŸ‘‡πŸ‘‡πŸ‘‡

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@chijix - 21 hours ago
Quoted - mitchei_1

If your strategy stops working for three months, do you abandon it or trust the process?

You'll have to evolve your strategy, their is no triumph in staying loyal to your past solutions, the world evolves, your strategy will have to evolve with it

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@promisefx - 21 hours ago
Quoted - promisefx

Being patient means, waiting for your system to play out completely before exciting any trade

But most people confused being patient and being scared together

Now stay with me let me break it down,πŸ‘‡πŸ‘‡πŸ‘‡

Now some trader, mainly the amateur one mistake being patient and being scared

Now they hesitate to take their A+ setup as a result of fear of losing out and call it patient, it isn't

Like I said earlier patience means waiting for your setup to playout completely and execute regardless of the outcome wether loss or win

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@promisefx - 21 hours ago
Quoted - mitchei_1

What's one psychological weakness that the market has exposed in you?

Bro they are many

Inpatient, FOMO(fear of missing out), greed, fear, trying to guess the next move forcing trades, trading under pressure as a result of needy etc

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