Alvyroots

Some probably uncomfortable Thoughts When it comes to Trading and people who want to develop a skill, there are many similarities to people who want to learn fighting. The so called Martial Artists are like Trading Gurus. What they say sounds highly interesting. The mystical side of it fascinates - yet it is completely useless when it comes to fighting. Theres even proof, that anybody can see. You ever saw someone using Wing-Tsun in a Fight? Or bending the Energies to... I don't know. But people join them, thats not wrong itself. Wrong is the idea to learn fighting with something that is proven not useful to fight. It is exactly the same with Trading. You have people showing a specific TA. forecasting things, having super high winrate - yet the moment you try to test it you don't get similar results. Same like the Martial Art Instructor they will give you a reasoning: "No I wouldn't enter there" "You don't know when I enter" and so on... The translation if you are honest is just "I find a reasoning to make you believe what I say is true". How can you make it? How can you escape that? How do you finally learn fighting and become a person that can defend him or herself? You have to admit... You have to admit your skill to find what works is not good. After admitting that you feel a relief - admitting we are full of failure is freeing because at that moment you have to work. You have to go running. You have to do shadowboxing. You have to do the bagwork. You have to do sparring. You have to figure it out yourself - even with a trainer. You throw hands. Nobody else. You have to spend time on charts. You have to backtest. You have to journal. You have to calculate Risk. You have to execute - even with a mentor. You are Trading. Nobody else. So the responsibility to become what you want to be is at you - how beautiful is that? You can change, wonderful! But the very first step is the ultimate fight with yourself. This is uncomfortable. It hurts. But it is the only way to succeed. Once you won that fight, come back to that Text. Go and check the Timeline of Events. Nothing is Random. All Martial Artists are Vanished. Fighters are left.

16 Oct "The Beauty of Preparation" I did and will do this regularly until I leave. On the 16 October - a Saturday - I shared 6 levels. 2 of them delivered already 4R and 3 failed if played with LO. I lost on the last liquidity only but thats not important. So if you played all on a fixed 4R you would end the Week now in green. Zero Stress. Time on chart? Few minutes. Gains? 5R. Why am I saying that? What are people looking for? Money right? How to make money? With a System. No hindsight. Never. No deleted Posts. What did I built on what was gifted here? A System. A working one. I hope you make the best of it. I took that on 2 accounts, one BEd after TP1 the other full TP on 70% size - 30% was closed at 618.

The Big Hurdle Once you start to Backtest a fixed Setup with a Ruleset you get the imagination it's super easy to make $ from the Market. But theres a huge discrepancy between Backtesting and the Results you get: Time The Backtest takes you many hours and you get years of Data.. You see "ah okay winrate is XYZ" and start to calculate - but the most important part of your System is not calculatable. Drawdown of 30%? Can you stomach that? Can you Stomach to wait for the next Setup and execute even on a Loss Streak of 5 and more? If not - it will 100% fail. I built many Systems on a fixed RR or a ruleset. They work - undeniable. I showed a few systems build on what I learned here a long time ago, the PA that got presented after and the Trades I took based on it show - it works.. But if the System has a fixed TP rule, why taking partials? Why going Break Even? Why interpreting on entry confirmations? Why Why Why? Because of our Brain. Lets do a thought experiment: I give you a System on 45% Winrate, backed by Data and by actually applying it. I tell you, you 100% gonna run into a L streak and it will hurt you but if you survive that you have a high probability to make Money. You Backtest and get same Data. Now you put in 10000$ and it prints 6 Loss in a row on 500$ risk - how do you feel being 30% down? Will you still take the next Setup? What changes? For me it's always exhausting. I am stubborn and confident enough to see the 10000$ as an investment and I am willing to lose them - but it hurts being down 30%. Anything else would be a lie. Thats where the struggle hits - the discrepancy of time from Backtested to the real Results is what causes what we see 24/7 on social media: Explanations in form of Technical Analysis. Most people become good at finding a reason why it failed, why they don't enter or to explain anything as much complicated as possible and totally forget - we are the reason. The backtested curve has rough Drawdowns, how you think in live its different? The System, the Data, the reactions from specific points on the chart... They just exist. They repeat. Hitting a Stop Loss is faster than hitting Take Profit. Most of the times... That discrepancy is just uncomfortable. The part of the System that has the highest rate of failure is the one in control that assesses the Chart. Why is that an issue? Since our Systems are based on Statistics, we should look up statistics about ourselves - the human being... How often are interpretations made by us wrong? So what's the Solution? Whats YOUR Solution? teapaw.org/Albert_618/status/2109…