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Strategies Overload
Izy Trades
Follow
8/14/2024
Category
📚
Learning
Transcript
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00:00
what's up party people next i'm going to talk about trading psychology nice and easy easy tricks
00:06
let's go how you are so invested with so many strategies out there that when it comes to
00:17
show time you don't know which one to apply it happens to all of us it happens to me before
00:22
so how can we overcome it there are many traders out there recommend you to use this and that
00:28
no you should fvg here support and resistance here all the blocks here all these fancy fancy
00:34
words come on man i only use most of my trades are all feebles bloody feebles nothing else okay
00:40
when it comes to smc is feeble still when it comes to one hour chart it's still feeble again
00:45
over and over again i use feeble nothing else of course in between my trades when i am not
00:52
able to have much time on the trading desk of course i will apply other trading strategies
00:58
majority of my trades are feeble what i'm trying to put across here is you got to discover what
01:03
you are most comfortable with if you are comfortable with a certain strategy stick to it
01:09
master it master that skill maximum number of strategies that i feel that one should master
01:15
is only two just master two strategies you'll be fine okay back test it over and over again
01:21
why it failed what causes it to fail what causes it to fly what causes it to go with your
01:26
direction or against your direction from there you can discover the loopholes inside and once
01:32
you have discovered that you just apply it rinse and repeat over and over again you will be a
01:38
successful consistent profitable trader now i'm not saying profitable means every day you're seeing
01:44
greens and blues no i'm not saying that you will still see red like for me today i am still seeing
01:49
red but the only difference is that i manage my rates now with the strategies that you have
01:54
mastered you got to control manage it and minimize your rates back test that strategy how can i
02:01
minimize those rates once you have mastered that now the next step is to be consistently profiting
02:07
from your particular strategy personally for me smc has always been the backbone of my trading
02:12
journey right why it sets a direction for me on top of my trend line so smc is the backbone for
02:18
me next once i know where the trend line is going the next step is whatever that comes in between
02:25
my smc's would be my feeble be it one hour or 15 minutes short entries fast in and fast out
02:32
remember 15 minutes feeble you can't hold that shit for too long you got to enter and exit where
02:38
do i exit stochastic will tell you where to do so okay so children take note don't be so invested
02:45
so many strategies inside your head and you don't know which one to apply stick to only two master
02:51
those two and you will get through this and you will be able to pass your funded program in fact
02:57
if you stick to these two post-funded programs you will be a profitable trader and a consistent
03:04
one that is the only thing that we want consistency in revenue consistency in withdrawal and cashing
03:12
out our cash you don't have to prove that your ta's work no don't do that compound compound
03:20
compound that is all it takes for you to be a consistent profitable trader compound compound
03:28
compound withdraw again repeat again compound and withdraw compound or withdraw start to see
03:33
that cash and once you start to see that hard cash in your bank account trust me your motivation
03:38
level the adrenaline the dopamine level that you have is going to be crazy you'll be more
03:43
motivated the word giving up is no longer in your dictionary that's all i have for today's edition
03:48
take care children nice and easy easy tricks let's go nice and easy easy tricks let's go
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