Same thing happened before the shutdown.
He pays a few of the loudest ones (so they thank him in the chat and stop the negative comments), and the others are left with nothing.
And people still fall for it. https://t.co/kIBcL1xtmY
I'm not joking, @fx_replay idealTP column gave me an extra +30R on my 2024 backtest. It's insane.
If you trade a fixed-R strategy, you can calculate the strategy's returns at different R:R ratios without needing to actually enter those trades.
We're creating a product for traders, and I've downloaded TikTok for the first time in a few years to get content ideas.
The amount of brain rot in the trading section is unbearable.
It really makes me appreciate how cleaned out X is in terms of content quality.
I scrolled for about 20 minutes, and it's just pure cancer.
If the percentage of traders who lost everything was 90%, it's probably up to 99.5% now.
Here's one example that has 70K likes:
backtesting data gives you so much mental edge that you probably don’t even realize.
having 200-500 trades in your excel sheet and seeing how even 9 losses in a row can happen - and you still end up very profitable by the end of the year - helps you handle those 9 losses much better than if you didn’t have that data.
people who say backtesting isn’t important because the market doesn’t run on past data either:
1. don’t have an edge themselves
2. are selling you a dream (in a discord or pdf format)
3. both
London NFP trading experience:
• 2 Mbps wifi in the hotel
• Need to buy an eSIM for better internet
• eSIM has little to no signal in the room
• Took the phone to the balcony -> full signal
• Made it just in time to place orders in the last seconds
Back in action next week 🤠
Got my ass absolutely clapped yesterday with -$43,534 on $NQ.
The good thing - no extreme negative emotions felt.
A year ago, this would have sent me into one of the biggest downward spirals.
Seeing the good in the bad and moving on 🫡 https://t.co/ycVc12zK6F
Seeing these ‘traders’ lose their minds here like 16-year-olds makes me question their entire trading career.
How could you have survived the mental toll that the market takes on you and then come here and lose your mind?